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Author Question: Standard material cost per kg of raw material is $6.50. Standard material allowed per unit is 5 Kg. ... (Read 119 times)

jparksx

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Question 1

Standard labor rate is $7.50 per hour. Standard labor allowed per unit is 0.7 hours. Actual cost per labor hour is $7.00 and actual labour hour per unit is 1 hours. What is the standard labor cost per output unit?
◦ $4.90
◦ $5.25
◦ $7.50
◦ $7.00

Question 2

Standard material cost per kg of raw material is $6.50. Standard material allowed per unit is 5 Kg. Actual material used per unit is 6.00 Kg. Actual cost per kg is $6.00. What is the standard cost per output unit?
◦ $30.00
◦ $36.00
◦ $32.50
◦ $39.00


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Marked as best answer by jparksx on Mar 6, 2021

Bigfoot1984

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jparksx

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)


carlsona147

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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