During the year, Dorner Company produced 280,000 lathe components for industrial metal working machinery. Dornaer's direct materials and direct labor standards per units are as follows: Direct materials (8.45 lbs. @ 6.00)              $50.70 Direct labor ( 1.80 hr. @ $15)                      27.00 required: 1. compute the standard pounds of direct materials allowed for the production of 280,000 units. 2. compute the standard pounds of direct labor allowed for the production of 280,000 units.

Principles of Accounting Volume 2
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ISBN:9781947172609
Author:OpenStax
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Chapter5: Process Costing
Section: Chapter Questions
Problem 7MC: What is the cost of direct labor f the conversion costs are $330.000 and manufacturing overhead is...
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During the year, Dorner Company produced 280,000 lathe components for industrial metal working machinery. Dornaer's direct materials and direct labor standards per units are as follows:

Direct materials (8.45 lbs. @ 6.00)              $50.70

Direct labor ( 1.80 hr. @ $15)                      27.00

required:

1. compute the standard pounds of direct materials allowed for the production of 280,000 units.

2. compute the standard pounds of direct labor allowed for the production of 280,000 units.

 

Direct materials (8.45 lbs. @ $6.00)
Direct labor (1.80 hr. @ $15)
$50.70
27.00
Transcribed Image Text:Direct materials (8.45 lbs. @ $6.00) Direct labor (1.80 hr. @ $15) $50.70 27.00
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