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# Vintech Company is planning to produce 2,300 units of product in 2011. Each unit requires 3 pounds of materials at \$8 per pound and a half hour of...

Vintech Company is planning to produce 2,300 units of product in 2011. Each unit requires 3 pounds of materials at \$8 per pound and a half hour of labor at \$17 per hour. The overhead rate is 70% of direct labor.

Compute the budgeted amounts for 2011 for direct materials to be used, direct labor, and applied overhead.
Direct materials \$
Direct labor \$

Compute the standard cost of one unit of product. (Round intermediate calculations and your answer to 2 decimal places, e.g. 10.50.)
\$

Question:
Vintech Company is planning to produce 2,300 units of product in 2011. Each unit
requires 3 pounds of materials at \$8 per pound and a half hour of labor at \$17 per hour.

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