Vintech company is planning to produce 2100 units of

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Vintech Company is planning to produce 2,100 units of product in 2011. Each unit requires 3 pounds of materials at $6 per pound and a half hour of labor at $12 per hour. The overhead rate is 60% of direct labor.

Compute the budgeted amounts for 2011 for direct materials to be used, direct labor, and applied overhead.
Direct materials $

Direct labor $
Applied overhead $

Compute the standard cost of one unit of product. (Round intermediate calculations and your answer to 2 decimal places,

Reference no: EM13604052

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