Question

J.C Coats Inc carefully develops standards for its coal making operation. Its specifications call for 2 square yards of wool per coat. The budgeted price of wool is $50 per square yard. The actual price for the wool was $42 and the usage was only 14 yards of wool per coat What would be the standard cost per output for the wool? O A. $70.00 per coat OB. $84.00 per coat OC. $58 80 per coat OD. $100.00 per coat

Answer 1

ANSWER : D ( $ 100 per Coat  )

EXPLANATION :

total standard cost per coat = number of square yards of wool per coat * budgeted cost of square yard

total standard cost per coat = 2 square wards * $ 50 per square yards

total standard cost per coat = $ 100 per coat .