The Clamen Company makes table lamps, for which the following standards have been developed:
During October, production of 100 lamps was expected, but 110 lamps were actually completed.
Direct materials purchased and used were 2,100 pounds at an actual price of $2.20 per pound.
Direct labour cost for the month was $5,310, and the actual pay per hour was $9.00.
-The standard cost of direct material for each lamps produced is
A) $48.00.
B) $40.00.
C) $44.00.
D) $21.00.

Question

The Clamen Company makes table lamps, for which the following standards have been developed:
  During October, production of 100 lamps was expected, but 110 lamps were actually completed.
Direct materials purchased and used were 2,100 pounds at an actual price of $2.20 per pound.
Direct labour cost for the month was $5,310, and the actual pay per hour was $9.00.
-The standard cost of direct material for each lamps produced is
A) $48.00. 
B) $40.00. 
C) $44.00. 
D) $21.00.

Quizplus · Accepted Answer

The Answer of The Clamen Company makes table lamps, for which the following standards have been developed:
  During October, production of 100 lamps was expected, but 110 lamps were actually completed.
Direct materials purchased and used were 2,100 pounds at an actual price of $2.20 per pound.
Direct labour cost for the month was $5,310, and the actual pay per hour was $9.00.
-The standard cost of direct material for each lamps produced is
A) $48.00. 
B) $40.00. 
C) $44.00. 
D) $21.00.

The Clamen Company Makes Table Lamps, for Which the Following