The manager at Chair Outlet reported the standard direct material cost per chair was 4 yards of cloth of input allowed per each chair (output unit) manufactured, at $40 standard price per yard. What is the standard direct material cost per chair

Total unitary cost= $160

Explanation:

Giving the following information:

The manager at Chair Outlet reported the standard direct material cost per chair was 4 yards of cloth of input allowed per each chair (output unit) manufactured, at $40 standard price per yard.

The standard direct material cost per chair is the total theoretical cost that would be incurred for each chair.

Total unitary cost= 4 yars* $40= $160

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

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