A manufactured product has the following information for June. Standard Quantity and Cost 6 pounds @ $8 per pound 3 DLH @ $16 per DLH 3 DLH @ $12 per DLH Direct materials Direct labor Overhead Units manufactured Actual Results 43,700 pounds @ $8.20 per pound 21,300 hours @ $16.40 per hour $ 265,100 7,200 units

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Just trying to figure out the standard hours!

A manufactured product has the following information for June.
Standard Quantity and Cost
6 pounds @ $8 per pound
3 DLH @ $16 per DLH
3 DLH@ $12 per DLH
Direct materials
Direct labor
Overhead
Units manufactured
Actual Results
43,700 pounds @ $8.20 per pound
21,300 hours @ $16.40 per hour
$ 265,100
7,200 units
Transcribed Image Text:A manufactured product has the following information for June. Standard Quantity and Cost 6 pounds @ $8 per pound 3 DLH @ $16 per DLH 3 DLH@ $12 per DLH Direct materials Direct labor Overhead Units manufactured Actual Results 43,700 pounds @ $8.20 per pound 21,300 hours @ $16.40 per hour $ 265,100 7,200 units
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