Question: During the year, Vandy Company produced 2 9 2 , 0 0 0 components for industrial metal working machinery. Vandy's direct materials and direct labor

During the year, Vandy Company produced 292,000 components for industrial metal working machinery. Vandy's direct materials and direct labor standards per unit are as follows:
Direct materials (8.35 lbs. @ $5.00) $41.75
Direct labor (1.60 hr. @ $20)32.00
Required:
Compute the standard pounds of direct materials allowed for the production of 292,000 units.
pounds
Compute the standard direct labor hours allowed for the production of 292,000 units.
hours
 During the year, Vandy Company produced 292,000 components for industrial metal

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