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Question
| Actual costs and quantities: | ||
| Direct materials used | 38,000 feet @ $6.20 per foot | |
| Direct labor hours used | 50,660 hours | |
| Direct labor rate per hour | $16 | |
| Factory overhead | $211,600 | |
| 25,000 units were produced during the period. | ||
| Standard costs and quantities per unit: | ||
| Direct materials | 5 ft. @ $6.10 per ft. | |
| Direct labor | 2 hours @ $17 per hour | |
Factory overhead (based on budgeted production of 24,500 units)
Answer
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Related questions
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