Managerial Accounting

Sanford and Sons produces blue moons. Resin used to make the blue moons is purchased by the pound. Standards and actual cost data for Sanford and Sons standard cost system follow:

Standard Data Actual Data
Material 4.5 lbs. @ @2.00 per lb. Produced 9,500 units
Labor 0.08 hr. @ $15 per hr. Materials cost $2.10 per pound
Budgeted fixed overhead $12,480 Materials used 43,000 lbs.
Budgeted variable overhead $36,480 Labor worked 7,800 hrs. totaling $117,780
Budgeted production 9,600 units Actual overhead Fixed $12,100; Variable: $37,100

How much is the standard cost for a blue moon?

Don't use plagiarized sources. Get Your Custom Essay on
Managerial Accounting
Just from $13/Page
Order Essay
Place Order
Grab A 14% Discount on This Paper
Pages (550 words)
Approximate price: -
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Try it now!

Grab A 14% Discount on This Paper

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.