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Edward Lewis manufactures custom T-shirts. Each T-shirt can be imprinted front and back with photos,...

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Accounting

Edward Lewis manufactures custom T-shirts. Each T-shirt can be imprinted front and back with photos, company logos or other information. Each T-shirt requires 2 ounces of ink, 30minutes of direct labor (processing, folding, packaging), and a plastic bag for packaging. The following information is available regarding costs: Short-sleeve T-shirts, 100-pack $380.00 Long-sleeve T-shirts, 100-pack 410.00 Direct labor, per hour 12.00 Ink, 32-ounce bottle 12.00 Plastic bags, 100-pack 6.00 Edward applied overhead at a rate of $9.80 per direct labor hour, and fringe benefits for workers are an additional 20% of wages. What is the standard cost of producing one long-sleeve T-shirt? $16.71 O $17.01 $16.20 O $16.26

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