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Homework answers / question archive / Standard Product Cost Sana Rosa Furniture Company manufactures designer home furniture

Standard Product Cost Sana Rosa Furniture Company manufactures designer home furniture

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Standard Product Cost

Sana Rosa Furniture Company manufactures designer home furniture. Sana Rosa uses a standard cost system. The direct labor, direct materials, and factory overhead standards for an unfinished dining room table are as follows:

Direct labor: standard rate $21.00 per hr.
  standard time per unit 2.50 hrs.
Direct materials (oak): standard price $10.00 per bd. ft.
  standard quantity 18 bd. ft.
Variable factory overhead: standard rate $2.80 per direct labor hr.
Fixed factory overhead: standard rate $1.20 per direct labor hr.

a. Determine the standard cost per dining room table. If required, round your answer to two decimal places.

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2.89 USD

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