Each unit of a finished product contains 2 yards of cloth., Ask an Expert

Accounting

Dahl Company, a clothing manufacturer, uses a standard costing system. Each unit of a finished product contains 2 yards of cloth. However, there is unavoidable waste of 20%, find outd on input quantities, when the cloth is cut for assembly. The cost of the cloth is $3 per yard. what is the standard direct material cost for cloth per unit of finished product?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M971344

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