Essay On Sum Of Material Cost

Essay About Foundry Standard Cost And Material Cost
Pages • 4

Case 19-2 Black Meter CompanyQuestion 1Illustration A19-2: Foundry Standard Cost1. Material Cost = 101.92: because costs are calculated for a lot of 100 units, the standard cost of phosphor bronze is 1.12 per pound and one unit uses 0.91 pounds. 100×0.91×1.12=101.922. Pattern Cost=153. Standard hours per 100 pcs=87.124. Standard Rate per hour=185. Total foundry standard.

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