Fleck's standard quantities for 1 unit of product include 2 pounds of materials and 1.5 labor hours. The standard rates are $4 per pound and $14 per hour for direct labor. The standard overhead rate is $16 per direct labor hour.
The total standard cost of Fleck's product is how much?
a. $34
b. $29
c. $45
d. $53
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Home » Business » Fleck's standard quantities for 1 unit of product include 2 pounds of materials and 1.5 labor hours. The standard rates are $4 per pound and $14 per hour for direct labor. The standard overhead rate is $16 per direct labor hour.