Amu Ltd manufactures Produce Callestemon. Information relating to this product is given below. Each Callestemon uses...

Amu Ltd manufactures Produce Callestemon. Information relating to this product is given below.

Each Callestemon uses 2kg of material Q at a standard cost of ₵30 per kg, 6 hours of labour at ₵10 per hour. Variable overheads have a standard cost of ₵15 per hour. The company has fixed production overheads of GH₵20,000 and is budgeting to produce 500 units. A standard profit of ₵100 is added to cost to determine standard price.

(i) You are require to prepare the standard cost card for product Callestemon.

Expert Solution

ekkarill92 answered 3 years ago

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