Question

Emerald Bazaar manufactures a product requiring two pounds of direct material. During 2020, Emerald Bazaar purchases 24,000 pounds of material for $99,200 when the standard price per pound is $4. During 2020, Emerald Bazaar uses 22,000 pounds to make 12,000 products. The standard direct material cost per unit of finished product is

Answer 1

Thank you

Answer 2

calculated as follows:

Standard direct material cost per pound = $4

Standard direct material cost per unit = 2 pounds x $4 = $8

Therefore, the standard direct material cost per unit of finished product is $8.

Answer 3

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