! Required information [The following information applies to the questions displayed below.] BatCo makes baseball bats. Each bat requires 1.00 pounds of wood at $22 per pound and 0.30 direct labor hour at $20 per hour. Overhead is assigned at the rate of $40 per direct labor hour. Prepare a standard cost card for a baseball bat for BatCo. (Round your final answers to 2 decimal places.) Inputs Direct materials Direct labor Overhead Standard quantity or hours pounds DLH DLH Standard price Standard cost or rate per unit

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 2PB: Rulers Company is a neon sign company that estimated overhead will be $60,000, consisting of 1,500...
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Required information
[The following information applies to the questions displayed below.]
BatCo makes baseball bats. Each bat requires 1.00 pounds of wood at $22 per
pound and 0.30 direct labor hour at $20 per hour. Overhead is assigned at the
rate of $40 per direct labor hour.
Prepare a standard cost card for a baseball bat for BatCo. (Round your final answers to 2
decimal places.)
Inputs
Direct materials
Direct labor
Overhead
Standard quantity or hours
pounds
DLH
DLH
Standard price
or rate
Standard cost
per unit
Transcribed Image Text:! Required information [The following information applies to the questions displayed below.] BatCo makes baseball bats. Each bat requires 1.00 pounds of wood at $22 per pound and 0.30 direct labor hour at $20 per hour. Overhead is assigned at the rate of $40 per direct labor hour. Prepare a standard cost card for a baseball bat for BatCo. (Round your final answers to 2 decimal places.) Inputs Direct materials Direct labor Overhead Standard quantity or hours pounds DLH DLH Standard price or rate Standard cost per unit
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