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Send to Gradebook < Prev I Next > --/18 Question 2 View Policies Current Attempt in...

Question:

Send to Gradebook < Prev I Next > --/18 Question 2 View Policies Current Attempt in Progress Stefani Company has gathered the
Send to Gradebook < Prev I Next > --/18 Question 2 View Policies Current Attempt in Progress Stefani Company has gathered the following information about its product. Direct materials: Each unit of product contains 3.10 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 0.70 pounds. Materials cost $5 per pound, but Stefani always takes the 5.00% cash discount all of its suppliers offer. Freight costs average $0.45 per pound. Direct labor. Each unit requires 2.40 hours of labor. Setup, cleanup and downtime average 0.10 hours per unit. The average hourly pay rate of Stefani's employees is $14.00. Payroll taxes and fringe benefits are an additional $3.70 per hour. Manufacturing overhead. Overhead is applied at a rate of $7.00 per direct labor hour. Compute Stefani's total standard cost per unit. (Round answer to 2 decimal places, e., 1.25) Total standard cost per unit $ e Textbook and Media Attempts: 0 of 3 used Save for Later Submit Answer Send to Gradebook < Prev Next >

Answers

Calculate standard cost per unit as follows: B А 1 Particulars Amount 2 Total pound per unit (Pounds required per unit +NormaFor any doubts/queries, format changes requirements, please post in comment section. I would take up the same.

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