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Question: Exercise 10-25 Computing Standard Direct-Material Cost (LO 10-2) Cayuga Hardwoods Produces Handcrafted Jewelry Boxes A Standard-size Box Requires 9 Board Feet Of Hardwood In The Finished Product. In Addition 3.0 Board Feet Of Scrap Lumber Are Normally Left From The Production Of One Box. Hardwood Costs $5.00 Per Board Foot, Plus $2.50 In Transportation ...
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A standard sized jewelry box requires 8 board feet of hardwood. However for every standard box, there is a normal wastage of 2 boards. Taking this into account, total Direct-material required for production of one box would be board feet of hardwood. Purchase Cost of 1 foot of hardwood = $4.00 per board foot.
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Feb 24, 2021 · Computing Standard DirectMaterial Cost. Cayuga Hardwoods produces handcrafted jewelry boxes. A standard-size box requires 8 board feet of hardwood in the finished product. In addition, 2 board feet of scrap lumber are normally left from the production of one box. Hardwood costs $4.00 per board foot, plus $1.50 in transportation charges per board foot.
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Direct material purchased: 18,200 yards at $1.40 per yard $ 25,480 Direct material used: 9,700 yards at $1.40 per yard 13,580 Direct labor: 2,300 hours at $9.17 per hour 21,091
https://www.coursehero.com/file/86131200/CHAPTER-10-EXERCISE-PROBLEMSdoc/
Exercise 10-31 (Computing Standard Direct-Material Cost) Cayuga Hardwoods produces handcrafted jewelry boxes. A standard-size box requires 8 board feet of hardwood in the finished product. In addition, 2 board feet of scrap lumber are normally left from the pro-duction of one box. Hardwood costs Rs. 4.00 per board foot, plus Rs. 1.50 in transportation charges per board foot. Required: Compute the …
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Cost & Management Accounting 1 2 Exercise 10–25 Computing Standard Direct-Material Cost (LO 10-2) Cayuga Hardwoods produces handcrafted jewelry boxes. A standard-size box requires 8 board feet of hardwood in the finished product. In addition, 2 board feet of scrap lumber are normally left from the production of one box. Hardwood costs $4.00 per board foot, plus $1.50 in transportation charges per board foot. Required: Compute the standard direct-material cost of a jewelry box.
https://www.chegg.com/homework-help/questions-and-answers/cayuga-hardwoods-produces-handcrafted-jewelry-boxes-standard-size-box-requires-15-board-fe-q61353441
Cayuga Hardwoods produces handcrafted jewelry boxes. A standard-size box requires 15 board feet of hardwood in the finished product. In addition, 9.0 board feet of scrap lumber are normally left from the production of one box. Hardwood costs $13.00 per board foot, plus $10.50 in transportation charges per board foot.
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