COST ACCOUNTING
STANDARD COSTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Carlo’s standard quantities for 1 unit of product include 2 kg of materials and 1.5 labor hours. The standard Price are RM2 per kg and RM7 per hour. The standard overhead rate is RM8 per direct labor hour. The total standard cost of Carlo’s product is
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RM14.50.
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RM17.00.
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RM22.50.
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RM26.50.
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Explanation:
There is 1 question to complete.