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university college of new jersey Operations And Supply Chain Management Assignment Help - Sterling Company

Question - 1. The Sterling Company uses a standard cost system in which manufacturing overhead costs are applied to the units of the company s single product on the basis of direct labor-hours (DLHs). The standard cost card for the product follows: Standard Cost Card-per unit of product: Direct materials, 4 yards at $3.50 per yard $14 Direct labor, 1.5 DLHs at $8 per DLH 12 Variable overhead, 1.5 DLHs at $2 per DLH 3 Fixed overhead, 1.5 DLHs at $6 per DLH 9 The following data pertain to last year s activities: - The company manufactured 18,000 units of product during the year. - A total of 70,200 yards of material was purchased during the year at a cost of $3.75 per yard. All of this material was used to manufacture the 18,000 units. - The ...Read More

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