A Company Is Setting Its Direct Materials and Direct Labor

question 111

Multiple Choice

A company is setting its direct materials and direct labor standards for its leading product.Direct materials cost from the supplier are $8 per square foot,net of purchase discount.Freight-in amounts to $0.10 per square foot.Basic wages of the assembly line personnel are $18 per hour.Payroll taxes are approximately 25% of wages.Benefits amount to $4 per hour.How much is the direct materials cost standard per square foot?

• A)$8.10
• B)$8.00
• C)$22.00
• D)$30.00

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An action often associated with thinking, recalling information, or seeking inspiration.

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Characterized by being held in high esteem or respect, often due to recognized success, excellence, or importance.

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Feeling uncertain or lacking confidence in oneself or one's abilities.

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Having the necessary ability, knowledge, or skill to do something successfully.