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Compute the standard pounds of direct materials

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Question - Computation of Inputs Allowed, Direct Materials and Direct Labor - During the year, Company produced 316,000 lathe components for industrial metal working machinery. Direct materials and direct labor standards per unit are as follows:

Direct materials (830 lbs. @ $100) $60.90

Direct labor (1.80 hr. @ $18) 32.40

Required -

1. Compute the standard pounds of direct materials allowed for the production of 316,000 units.

2. Compute the standard direct labor hours allowed for the production of 316,000 units.

Reference no: EM133148035

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