Shepherds company. Manufactures two types of shoes sneakers and boots .Each sneakers requires 2 direct labor hours and boots require 1.5 direct labor hours. The overhead rate. Per direct hour is $2 .Direct materials for sneakers and boots is $15-$20 .Respectivelay. The total unit cost for each product.

The question is incomplete. The complete question is :

Shepherd Company manufactures two types of shoes - sneakers and boots. Each sneaker requires 2 direct labor hours and boots require 1.5 direct labor hours. The overhead rate per direct labor hour is $2. Direct materials for sneakers and boots is $15 and $20, respectively. Direct labor for sneakers and boots is $5 and $7, respectively. The total unit cost for each product is:

Solution :

The total unit cost for a product = direct materials cost + direct labor cost + overhead cost

The total unit cost for the sneakers and the boots are :

Particulars                                           Sneakers     Boots

Direct material cost                                  $15           $20

Direct labor cost                                        $5            $7

Overhead cost                                           $4            $3

Total unit cost                                           $24          $30

The overhead rate per direct labor hour is $2

So, the overhead cost per unit of :

Sneakers : 2 hours at the rate $2 per hour = $4

Boots : 1.5 hours at the rate of $2 per hour = $3

Hence the answer is : total unit cost = Sneakers: $24; Boots: $30

hi,

henry is an economist and wants to understand the relationship between inflation and consumer spending habits. for his research, he needs the consumer price index for 2014 and the inflation rate. based on the prices of goods given, what will he find to be the cpi and inflation rate for 2014? assume that a consumer’s basket for three consecutive years consists of the following:

you dont privide answer choices.

answer - 15% of a inflatation rate is 15% less in cpi

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