Answer:
$129
Explanation:
Given that,
Direct materials (5 lbs. @ $9 per lb.)
Direct labor (3 hrs. @ $16 per hr.)
Overhead (3 hrs. @ $12 per hr.)
Standard cost per unit:
= Direct Material + Direct Labor + Overhead
= (Input per unit × Rate per unit) + (Input per unit × Rate per unit) + (Input per unit × Rate per unit)
= (5 × $9) + (3 × $16) + (3 × $12)
= $45 + $48 + $36
= $129 per unit
Therefore, the standard cost per unit is $129.
