Examlex

Solved

The Following Standard Cost Card Is Provided for Navid Company's

question 39

Multiple Choice

The following standard cost card is provided for Navid Company's Product A: The following standard cost card is provided for Navid Company's Product A: The fixed overhead rate is based on total budgeted fixed overhead of $12,000. During the period, the company produced and sold 5,800 units at the following costs: Direct material 12,200 pounds @ $4.80 per pound Direct labor 5,950 hours @ $8.00 per hour Overhead $29,920 The standard manufacturing cost per unit is $23.00. What is the actual manufacturing cost per unit? (Do not round intermediate calculations.) A) $23.46. B) $36.16. C) $17.96. D) Cannot be determined from the information provided. The fixed overhead rate is based on total budgeted fixed overhead of $12,000. During the period, the company produced and sold 5,800 units at the following costs:
Direct material 12,200 pounds @ $4.80 per pound
Direct labor 5,950 hours @ $8.00 per hour
Overhead $29,920
The standard manufacturing cost per unit is $23.00. What is the actual manufacturing cost per unit? (Do not round intermediate calculations.)

Definitions:

Related Questions

Q5: Which of the following formulas is INCORRECT?<br>A)

Q12: A business segment should be eliminated if

Q18: The payback period for project Alpha is

Q24: Which of the following statements is FALSE?<br>A)

Q58: The concept that says managers should be

Q64: According to Figure 6.5, the percent of

Q66: The level of incremental sales associated with

Q74: Assume that projects A and B are

Q92: Packrall Company makes computer chips. Curtis is

Q115: During the current year, Fairview Corporation sold