Keerin,Inc.,produces a complete line of women's athletic apparel.Sweatsuits are very popular in the northern states.During August,the company's records revealed the following information about the production of sweatsuits:
$$\begin{array} { l l l }
\text { Standards: } & \text { Direct materials } & 5 \text { yards @\$2.50 per yard } \
& \text { Direct labor } & 1 \text { hour @ } \$ 9.50 \text { per hour } \
&\text { Overhead: } & \
&\text { Variable } & \$ 5.50 \text { per direct labor hour } \
& \text { Fixed } & 7 \text { per direct labor hour }
\end{array}$$
Compute the standard unit cost for a sweatsuit.

Question

Keerin,Inc.,produces a complete line of women's athletic apparel.Sweatsuits are very popular in the northern states.During August,the company's records revealed the following information about the production of sweatsuits:
 $$\begin{array} { l l l } 
\text { Standards: } & \text { Direct materials } & 5 \text { yards @\$2.50 per yard } \
& \text { Direct labor } & 1 \text { hour @ } \$ 9.50 \text { per hour } \
&\text { Overhead: } & \
&\text { Variable } & \$ 5.50 \text { per direct labor hour } \
& \text { Fixed } & 7 \text { per direct labor hour }
\end{array}$$ 
Compute the standard unit cost for a sweatsuit.

Quizplus · Accepted Answer

The Answer of Keerin,Inc.,produces a complete line of women's athletic apparel.Sweatsuits are very popular in the northern states.During August,the company's records revealed the following information about the production of sweatsuits:
 $$\begin{array} { l l l } 
\text { Standards: } & \text { Direct materials } & 5 \text { yards @\$2.50 per yard } \
& \text { Direct labor } & 1 \text { hour @ } \$ 9.50 \text { per hour } \
&\text { Overhead: } & \
&\text { Variable } & \$ 5.50 \text { per direct labor hour } \
& \text { Fixed } & 7 \text { per direct labor hour }
\end{array}$$ 
Compute the standard unit cost for a sweatsuit.

Keerin,Inc Compute the Standard Unit Cost for a Sweatsuit