Return to Blackboard Davis, Managerial Accounting, 3e Help I System Anncuncements NEXT CALCULATOR PRINTER VERSrON BACK Practice Exercise 02 (Part Level Submission) Puzzleligs manufactures custom jigsaw puzzles by turning a customer's 12 x 15 photograph into a 310-piece puzzle. The following information has been provided by various units within the company. Each photograph is mounted onto a 17 x 21 piece of cardboard using 2 ounce of adhesive. The company buys the cardboard in bundles of 510 pieces for $140. Puzzleligs pays shipping costs of $16 per bundle on the cardboard. The mounting adhesive costs $0.26 per ounce. Each finished puzzle is packaged in a bax that costs Puzzleligs $0.76 to purchase. It takes 25 minutes for a worker to mount the picture, cut the puzzle, and pack it in a box. Workers are paid $6.60 per hour; fringe benefits amount to an additional 25 percent of wages. Puzzleligs applies overhead at a rate of $12 per direct labor hour. (a) Your answer is correct. Calculate the standard price and quantity for each component of direct materials. (Round answers to 2 decimal places, e.g. 15.20.) Standard Quantity Standard Price Material 1sheet per sheet 17x 21 cardboard 31 261per ounce 2 ounce Mounting adhesive 76 per box 1box Pecking box LINK TO TEXT Return to Blackboard JSDavis, Managerlal Accounting, 3e Help I System Announcements NEXT CALCULATOR PRINTER VERSTON BACK LLemps& useu (b) Your answer is correct. Calculate the standard price and quantity for direct labor. (Round answers to 2 decimal places, e.g. 15.25.) Standard Quantity Standard Price 8.25 Direct labor hour 42 LINK TO TEXT Attempts: 4 of 4 used (c) Your answer is correct. Calculate the standard price and quantity for manufacturing overhead. (Round answers to 2 decimal places, e.g. 15.25.) Standard Quantity Standard Price Manufacturing Overhead 42 hour 12 LINK TO TEXT (c) Your answer is correct. Calculate the standard price and quantity for manufacturing overhead. (Round answers to 2 decimal places, e.g. 15.25.) Standard Quantity Standard Price Manufacturing Overhead 42 hour 12 LINK TO TEXT Attempts: 1 of 4 used (d) Compute the standard cost of producing one puzzle. (Round answers to 2 decimal places, e.g. 15.50.) Standard Cost per Puzzle Total standard cost LINK TO TEXT