Thyne Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on the basis of direct labor-hours.InputsStandard Quantity or Hours per Unit of OutputStandard Price or RateDirect materialsĀ 6.9grams$9.20per gramDirect laborĀ 0.90hours$21.20per hourVariable manufacturing overheadĀ 0.90hours$3.60per hour?The standard hours allowed for the actual output is closest to:
A. 3,092 hours
B. 3,510 hours
C. 3,330 hours
D. 3,780 hours
Answer: B
You might also like to view...
When the airline industries offer discounted but limited early purchases, higher-priced late purchases, and the lowest rates on unsold inventory just before it expires, what kind of a pricing technique are they said to be using?
What will be an ideal response?
_____ are normally responsible for developing cost analyses, design considerations, implementation timelines, and feasibility studies of a computer system before making recommendations to senior management.
A. Database designers B. Network administrators C. Project managers D. Systems analysts
Cost accounting systems When auditing a manufacturing concern, what major inquiries might be made by the auditor about the cost accounting system?
A ________ is a single question that attempts to cover two issues
A) structured question B) dichotomous question C) double-barreled question D) branching question