Reference no: EM132551183
The following data relating to direct materials cost for October of the current year are taken from the records of Good Clean Fun Inc., a manufacturer of organic toys:
Quantity of direct materials used7,500 lb.
Actual unit price of direct materials$2.60 per lb.
Units of finished product manufactured3,600 units
Standard direct materials per unit of finished product2 lb.
Direct materials quantity variance-unfavorable$810
Direct materials price variance-unfavorable$750
Question 1: Determine the standard direct materials cost per unit of finished product, assuming that there was no inventory of work in A sequence of activities linked together for performing a particular task. process at either the beginning or end of the month. If required, round your standard cost per unit answer to two decimal places.
Product finished = units
Standard finished product for direct material used = units
Deficiency of finished product for materials used = units
Standard cost for direct materials = units