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? v2.cengagenow.com/ilrn/takeAssignment takeAssignmentMando?invoker=assignments&takeAssignmentSessionLocator;=assignment take&inprogress-false; Chapter 22 Assignment Show Me HowCalculator Book Standard Product Cost Sana Rosa Company manufactures unfinished 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 standard time per unit standard price standard quantity standard rate standard rate $26.00 per hr 2 hrs $10.50 per bd. ft. 18 bd. ft. $2.40 per direct labor hr $0.80 per direct labor hr Direct materials (oak): Variable factory overhead Fixed factory overhead: a. Determine the standard cost per dining room table. If required, round your answer to two decimal places. per table b. A standard cost system provides Sana Rosa management a cost control tool using the principle of standards can be investigated and corrected Using this principle COst deviations from Check My Work Previous Next Assignment Score: 0.0% Email Instructor Save and Exit Submit Assignment for Grading

Explanation / Answer

b. Management by exceptions and Major

(a) Standard cost per table Materials = 10.5 * 18 189 Labor = 2 hours * 26 52 Variable OH 4.8 Fixed OH 1.6 Standard cost 247.4

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