Maurice Tutor

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Category > Management Posted 29 Apr 2018 My Price 6.00

Stefani Company

Exercise 11-3 Stefani Company has gathered the following information about its product. Direct materials: Each unit of product contains 3.70 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 0.60 pounds Materials cost $1 per pound, but Stefani a ways takes the 3.00% cash discount a of its suppliers offer. Freight costs average $0.40 per pound. Direct labor Each unit requires 1.00 hours of labor. Setup, cleanup, and downtime average 0.10 hours per unit. The average hourly pay rate of Stefanis employees is $10.60. Payroll taxes and fringe benefits are an additional $2.90 per hour. Manufacturing overhead. Overhead is applied at a rate of $4.00 per direct labor hour. Compute Stefanis total standard cost per unit. (Round answer to 2 decimal places, e.g. 1.25.) Total standard cost per unit

Stefani Company has gathered the following information about its product. Direct materials: Each unit of product contains 3.70 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 0.60 pounds Materials cost $1 per pound, but Stefani a ways takes the 3.00% cash discount all of its suppliers offer. Freight costs average $0.40 per pound. Direct labor, Each unit requires 1.00 hours of labor. Setup, cleanup, and downtime average 0.10 hours per unit. The average hourly pay rate of Stefani's employees is $10.60. Payroll taxes and fringe benefits are an additional $2.90 per hour. Manufacturing overhead. Overhead is applied at a rate of $4.00 per direct labor hour. Compute Stefani's total standard cost per unit. (Round answer to 2 decimal places, e.g. 1.25.) Total standard cost per unit $

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Maurice Tutor
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Status NEW Posted 29 Apr 2018 08:04 PM My Price 6.00

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