Standard unit cost
Not what you're looking for?
Weather Aerodynamics, Inc., makes electronically equipped weather detecting balloons for university meteorology departments. Because of recent nationwide inflation, the company's management has ordered that standard cost be recomputed. New direct materials price standards are $600 per set for electronic components and $13.50 per square meter for heavy-duty canvas. Direct materials quantity standards include one set of electronic components and 100 square meters of heavy-duty canvas per balloon. Direct labor standards are 26 hours per balloon for the electronics department and 19 hours per balloon for the Assembly department. Direct labor rate standards are $11 per hour for the electronics department and $10 per hour for the Assembly department. Standard overhead rates are $16 per direct labor hour for the standard variable overhead rate and $12 per direct labor hour for the standard fixed overhead rate.
Using these production standards, compute the standard unit cost of one weather balloon.
Purchase this Solution
Solution Summary
The solution explains how to calculate the standard unit cost
Solution Preview
In computing the standard cost we calculate the standard cost of direct material, direct labor and overhead.
The standard cost of ...
Purchase this Solution
Free BrainMass Quizzes
Introduction to Nanotechnology/Nanomaterials
This quiz is for any area of science. Test yourself to see what knowledge of nanotechnology you have. This content will also make you familiar with basic concepts of nanotechnology.
Basic Physics
This quiz will test your knowledge about basic Physics.
Classical Mechanics
This quiz is designed to test and improve your knowledge on Classical Mechanics.
The Moon
Test your knowledge of moon phases and movement.
Variables in Science Experiments
How well do you understand variables? Test your knowledge of independent (manipulated), dependent (responding), and controlled variables with this 10 question quiz.