Each unit of product requires 10 pounds of a base product at $2 per pound, 12 ounces of a finishing material at $0.50 per ounce, and 10 hours of direct labor at $12 per hour. Manufacturing overhead is applied at a rate of $4 per direct labor hour. Calculate the total standard cost per unit?

Answer rating: 100% (QA)

To calculate the total standard cost per unit we need to consider all the costs included in a unit o... View the full answer