Using the following information, compute the standard unit cost of a 20 pound bag of dog food: Direct materials quantity standard 20 pounds per unit Direct materials price standard $0.02 per pound Direct labor time standard 0.1 hour per unit Direct labor rate standard $11.60 per hour Variable overhead rate standard $2.50 per machine hour Fixed overhead rate standard $1.50 per machine hour Machine
hour standard 0.25 hours per unit
a. $2.56
b. $2.22
c. $2.16
d. $2.81
A
Business
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