Question: need help on both please Question 32 (1 point) Using standard costs makes employees less cost-conscious. provides a basis for evaluating cost control. increases clerical

Question 32 (1 point) Using standard costs makes employees less "cost-conscious." provides a basis for evaluating cost control. increases clerical costs. makes management by exception more difficult. Question 33 (1 point) Hofburg's standard quantities for 1 unit of product include 2 pound of materials and 1.5 labor hours. The standard rates are $2 per pound and $7 per hour. The standard overhead rate is $8 per direct labor hour. The total standard cost of Hofburg's product is $14.50 $17.00 $26.50 $22.50
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
