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Calculate the standard cost per unit

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Question - XYZ Co. has decided to use a standard cost system within the company. The following is data regarding the standard setting that has been determined in 2021:

Price of raw materials per kg @ 10,000

Quantity of raw materials 20 kg/unit

Wages for direct labor/ hour 19,000/ DLH

Quantity of direct labor 8 DLH/unit

Variable factory overhead rate of 5,000/ DLH

Fixed factory overhead rate of 7,500/ DLH

Required - Based on company data XYZ Co. above, then calculate the standard cost per unit!

Reference no: EM133163170

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