Deerfield Company manufactures product M in its factory. Production of M requires 2 pounds of material P,

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Deerfield Company manufactures product M in its factory. Production of M requires 2 pounds of material P, costing $4 per pound and 0.5 hour of direct labor costing, $10 per hour. The variable overhead rate is $8 per direct labor hour, and the fixed overhead rate is $12 per direct labor hour. What is the standard product cost for product M?

Direct material			$ ?
Direct labor			?
Variable overhead			?
Fixed overhead			?
Standard product cost per unit			$?

Posted Date: Nov 09, 2021 02:50 PM

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Deerfield Company manufactures product M in its factory. Production of M requires 2 pounds of material P,

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