Question: J.C Coats Inc. carefully develops standards for its coat making operation. Its specifications call for 2 square yards of wool per coat. The budgeted price
J.C Coats Inc. carefully develops standards for its coat making operation. Its specifications call for 2 square yards of wool per coat. The budgeted price of wool is $40 per square yard. The actual price for the wool was $28 and the usage was only 1.6 yards of wool per coat. What would be the standard cost per output for thewool?
A.$44.80per coat
B.$80.00per coat
C.$56.00per coat
D.$64.00per coat
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