stat (plural stats) 1  Short for statistic. 2  Short for statistics.
Concrete finishers usually are paid at the prevailing wage in their area, which differs around the country. Chicago area decorative finishers are paid up to $50 per hour, while in Alabama they earn about $23 an hour and in Southern California about $30. Beginning concrete finishers in Alabama earn $12 per hour, while in Southern California they start between $10 and $15. Chicago, again, is higher, with beginning finishers paid closer to $25 per hour.
Divide the $40,000 costs by the 20,000 units produced to get your normal factory overhead cost of $2 per unit. If your actual direct materials are $5 per unit, the actual direct labor is $8 per unit and the normal factor overhead is $2 per unit, it costs you $15 to manufacture one unit.Since your normal costs remain fixed, any unusual price change is the result of higher direct materials or direct labor costs.or example, it takes $2 of direct materials and 4 labor hours at $10 per hour, or $40, to produce one completed unit at $42 per unit. The actual indirect costs are $1 per unit. Your total actual cost per unit is $43. If you produce 10,000 units, your actual manufacturing costs are 10,000 multiplied by $43, or $430,000.