Jungman Incorporated has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct laborhours.
tabletableStandard Quantity orHours per Unit ofInputsOutput,Standard Price or RateDirect materials, ounces,$ per ounceDirect labor, hours,$ per hourVariable manufacturing overhead, hours,$ per hour
The company produced units of this product in November.
Required:
a What is the total standard cost of one unit of this product?
Note: Round your final answer to decimal places.
b What was the standard ounces allowed for the actual output of this product in November?
c What was the standard hours allowed for the actual output of this product in November?
tablea Total standard cost of one unit,tableb Standard grams allowed for theactual outputtablec Standard hours allowed for the actualoutput
