The following standard costs were developed for one of Commodore Company's products:
STANDARD COST CARD
PER UNIT
The following information is available regarding the company's operations for the period:
Budgeted fixed overhead for the period is £600,000, and expected capacity for the period is 20,000 direct labour hours.
Required:
a.
Calculate the standard fixed overhead rate.
b.
Complete the standard cost card for the product.
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