Standard cost sheet -Short term patients Standard Price Standard Usage Standard Cost Direct Materials $10 9 $ 90 Direct Labor $16 2.5 $40 Variable overhead $30 2.5 $75 Fixed overhead $40 2.5 $100 Total standard unit cost $305 1. Compute the LEV for the long-term patients and state whether it is favorable or unfavorable
Standard Price Standard Usage Standard Cost
Direct Materials $10 9 $ 90
Direct Labor $16 2.5 $40
Variable overhead $30 2.5 $75
Fixed overhead $40 2.5 $100
Total standard unit cost $305
1. Compute the LEV for the long-term patients and state whether it is favorable or unfavorable
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