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:
$\begin{array}{lll}
\text { Standards: } & \text { Direct materials } & 5 \text { yards } @ \$ 2.50 \text { per yard } \
& \text { Direct labor } & 1 \text { hour } @ \$ 9.50 \text { per hour }\
&\text {Overhead:}\
&\text {Variable }&\text {$ \$ 5.50 $ per direct labor hour}\
&\text {Fixed }&\text {$\$ 7 $ 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:
 $\begin{array}{lll}
\text { Standards: } & \text { Direct materials } & 5 \text { yards } @ \$ 2.50 \text { per yard } \
& \text { Direct labor } & 1 \text { hour } @ \$ 9.50 \text { per hour }\
&\text {Overhead:}\
&\text {Variable }&\text {$ \$ 5.50 $ per direct labor hour}\
&\text {Fixed }&\text {$\$ 7 $ 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:
 $\begin{array}{lll}
\text { Standards: } & \text { Direct materials } & 5 \text { yards } @ \$ 2.50 \text { per yard } \
& \text { Direct labor } & 1 \text { hour } @ \$ 9.50 \text { per hour }\
&\text {Overhead:}\
&\text {Variable }&\text {$ \$ 5.50 $ per direct labor hour}\
&\text {Fixed }&\text {$\$ 7 $ per direct labor hour}
\end{array}$

Compute the standard unit cost for a sweatsuit.

Keerin,Inc Compute the Standard Unit Cost for a Sweatsuit