Compute the standard cost for one hat, based on the following standards for each hat: $$\begin{array} { l l }
\text { Standard Material Quantity: } & 3 / 4 \text { yard of fabric at } \$ 4.00 \text { per yard } \
\text { Standard Labor: } & 1 \text { hour at } \$ 5.75 \text { per hour } \
\text { Factory Overhead: } & \$ 2.90 \text { per direct labor hour }
\end{array}$$

Question

Compute the standard cost for one hat, based on the following standards for each hat: $$\begin{array} { l l } 
\text { Standard Material Quantity: } & 3 / 4 \text { yard of fabric at } \$ 4.00 \text { per yard } \
\text { Standard Labor: } & 1 \text { hour at } \$ 5.75 \text { per hour } \
\text { Factory Overhead: } & \$ 2.90 \text { per direct labor hour }
\end{array}$$

Quizplus · Accepted Answer

The Answer of Compute the standard cost for one hat, based on the following standards for each hat: $$\begin{array} { l l } 
\text { Standard Material Quantity: } & 3 / 4 \text { yard of fabric at } \$ 4.00 \text { per yard } \
\text { Standard Labor: } & 1 \text { hour at } \$ 5.75 \text { per hour } \
\text { Factory Overhead: } & \$ 2.90 \text { per direct labor hour }
\end{array}$$

Compute the Standard Cost for One Hat, Based on the Following