Business, 20.12.2019 18:31 janreyes39

You have been asked to determine the standard cost for each personalized stepping stone manufactured by a stone and tile company. each customized stone requires one stone, 3 ounces of paint, 45 minutes of direct labor (engraving, painting, packaging), and a box for packaging. you receive the following cost information: the company applies overhead at a rate of $12.40 per direct labor hour, and fringe benefits for workers are an additional 25% of wages. what is the standard cost of producing one small stepping stone?

a : $10.52
b : $37.16
c : $17.34
d : $27.86

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