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Business, 12.08.2020 08:01 orlando19882000

Products is a manufacturer of large flower pots for urban settings. The company has these standards: Direct materials (resin) 9.6 pounds per pot at a cost of $4.55 per pound
Direct labor 1 .0 hour at a cost of $15.80 per hour
Standard variable manufacturing overhead rate $3.40 per direct labor hour
Predetermined fixed manufacturing overhead rate $6.00 per direct labor hour

Required:
a. Compute the standard cost of each of the following inputs per pot: direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead.
b. Determine the standard cost of one flower pot.

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