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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 283 Weeks Ago, 1 Day Ago |
| Questions Answered: | 27237 |
| Tutorials Posted: | 27372 |
MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
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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 | |||
| Â Standard Variable Overhead Cost |
 5 hrs |  10$ |  50 $ |
| Standard Fixed Overhead Cost |
5 hrs | Â 10$ | Â 50$ |
| Â Â Â Â Â Â Total Standard Cost |
1100$ | ||
| Â Â Â Â Â Â Estimated Profit 10% |
110$ | ||
| Â Â Â Â Â Â Total Standard Cost |
1210$ |
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On the basis of above standard table, calculate standard cost per unit and standard selling price per unit
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