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 { Standerds: } & \text { Direct materials } & \text { 5 yards@ $ \$ 2.50 $ per yard} \
& \text { Direct labor} & \text { 1 hour@\$9.50 per hour } &\
& \text { Overhead:} & \text { } &\
& \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 {   Standerds: } &  \text { Direct materials } & \text {  5 yards@ $ \$ 2.50 $ per yard} \
& \text {  Direct labor} & \text { 1 hour@\$9.50 per hour } &\
& \text {  Overhead:} & \text {  } &\
& \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 {   Standerds: } &  \text { Direct materials } & \text {  5 yards@ $ \$ 2.50 $ per yard} \
& \text {  Direct labor} & \text { 1 hour@\$9.50 per hour } &\
& \text {  Overhead:} & \text {  } &\
& \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