Earthern Ware Products is a manufacturer of large flower pots for ur.docx - Earthern Ware Products is a manufacturer of large flower pots for urban

# Earthern Ware Products is a manufacturer of large flower pots for ur.docx

• gustavhopper440
• 4

This preview shows page 1 - 4 out of 4 pages.

Earthern Ware Products is a manufacturer of large flower pots for urban settings. The company has these standards: Requirements 1. Compute the standard cost of each of the following inputs per pot: direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead. 2. Determine the standard cost of one flower pot. Direct materials (resin) . . . . . . . . . . . . . . . . . . . . . . 11 pounds per pot, at a cost of \$3.00 per pound Direct labor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.6 hours at a cost of \$16.50 per hour Standard variable manufacturing overhead rate . . . . \$3.50 per direct labor hour Predetermined fixed manufacturing overhead rate . . \$7.75 per direct labor hour Earthern Ware allocates variable and fixed manufacturing overhead to production based on standard direct labor hours.

#### You've reached the end of your free preview.

Want to read all 4 pages?

Unformatted text preview: 1. Compute the standard cost of each of the following inputs per pot: direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead. 2. Determine the standard cost of one flower pot. Direct materials (resin) . . . . . . . . . . . . . . . . . . . . . . 11 pounds per pot, at a cost of \$3.00 per pound Direct labor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.6 hours at a cost of \$16.50 per hour Standard variable manufacturing overhead rate . . . . \$3.50 per direct labor hour Predetermined fixed manufacturing overhead rate . . \$7.75 per direct labor hour Earthern Ware allocates variable and fixed manufacturing overhead to production based on standard direct labor hours....
View Full Document

• Fall '13

### What students are saying

• As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

Kiran Temple University Fox School of Business ‘17, Course Hero Intern

• I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

Dana University of Pennsylvania ‘17, Course Hero Intern

• The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

Jill Tulane University ‘16, Course Hero Intern