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Teaching Since: May 2017
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    Devry University
    Sep-2004 - Aug-2010

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    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Management Posted 20 Dec 2017 My Price 10.00

calculate standard cost per unit and standard selling price per unit

 

 


Standard quantity or standard hours of working

Standard rate per unit or standard rate per hour

Total standard cost or standard sale
1. Standard Direct
Material Cost
Less Normal loss @ 10%
100
- 10
 10$
-
 1000 $
- 100$
90 900$
2. Standard Labor Cost 10 hrs 10 $ 100 $
3. Standard Overhead Cost
 Standard Variable
Overhead Cost
 5 hrs  10$  50 $
Standard Fixed Overhead
Cost
5 hrs  10$  50$
      
Total Standard Cost
1100$
      
Estimated Profit 10%
110$
      
Total Standard Cost
1210$

 

On the basis of above standard table, calculate standard cost per unit and standard selling price per unit

Answers

(12)
Status NEW Posted 20 Dec 2017 07:12 AM My Price 10.00

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