Janitor Supply produces an industrial cleaning powder that requires 28 grams of material at $0.50 per gram and 0.10 direct labor hours at $18.00 per hour. Overhead is applied at the rate of $19 per direct labor hour. What is the total standard cost for one unit of product that would appear on a standard cost card?

Standard cost per unit= $17.7

Explanation:

Giving the following information:

Direct material:

28 grams of material at $0.50 per gram

Direct labor:

0.10 direct labor hours at $18.00 per hour.

Overhead is applied at the rate of $19 per direct labor hour.

The standard product cost is calculated using the direct material, direct labor, and allocated overhead:

Standard cost per unit= 28*0.5 + 0.1*18 + 19*0.10= $17.7

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

answer; complain or request hazard correction from your employer;