Sport Runner, Inc., produces a complete line of men's running apparel. The nylon short set is a very popular item in the southern states. During June, the company's records revealed the following information about the production of the nylon shorts set:
$\begin{array}{lll}
\text { Standerds: } & \text { Direct materials } & \text { 4 yards@ $ \$ 2.50 $ per yard} \
& \text { Direct labor} & \text { 1.5 hour@\$9 per hour } &\
& \text { Overhead:} & \text { } &\
& \text { Variable } & \text { $ \$ 5.00 $ per direct labor hour } &\
& \text {Fixed. } & \text { $ \$5.50 $ per direct labor hour} &\
\end{array}$

Compute the standard unit cost for a nylon shorts set.

Question

Sport Runner, Inc., produces a complete line of men's running apparel. The nylon short set is a very popular item in the southern states. During June, the company's records revealed the following information about the production of the nylon shorts set:
 $\begin{array}{lll}
 \text {   Standerds: } &  \text { Direct materials } & \text { 4 yards@ $ \$ 2.50 $ per yard} \
& \text {  Direct labor} & \text { 1.5 hour@\$9 per hour } &\
& \text {  Overhead:} & \text {  } &\
& \text { Variable } & \text { $ \$ 5.00 $ per direct labor hour } &\
& \text {Fixed.  } & \text {  $ \$5.50 $ per direct labor hour} &\
\end{array}$

Compute the standard unit cost for a nylon shorts set.

Quizplus · Accepted Answer

The Answer of Sport Runner, Inc., produces a complete line of men's running apparel. The nylon short set is a very popular item in the southern states. During June, the company's records revealed the following information about the production of the nylon shorts set:
 $\begin{array}{lll}
 \text {   Standerds: } &  \text { Direct materials } & \text { 4 yards@ $ \$ 2.50 $ per yard} \
& \text {  Direct labor} & \text { 1.5 hour@\$9 per hour } &\
& \text {  Overhead:} & \text {  } &\
& \text { Variable } & \text { $ \$ 5.00 $ per direct labor hour } &\
& \text {Fixed.  } & \text {  $ \$5.50 $ per direct labor hour} &\
\end{array}$

Compute the standard unit cost for a nylon shorts set.

Sport Runner, Inc Compute the Standard Unit Cost for a Nylon Shorts Set