Business, 10.03.2020 04:31 Glamis856

A company is setting its direct materials and direct labor standards for its leading product. Direct materials cost from the supplier are $5 per square foot, net of purchase discount. Freight-in amounts to $0.40 per square foot. Basic wages of the assembly line personnel are $17 per hour. Payroll taxes are approximately 22% of wages. Benefits amount to $4 per hour. How much is the direct materials cost standard per square foot?

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A company is setting its direct materials and direct labor standards for its leading product. Direct...

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