A packaging employee making $16 per hour can package 200 items during that hour. The direct material cost is $.50 per item. What is the total direct cost of 1 item?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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A packaging employee making $16
per hour can package 200 items
during that hour. The direct
material cost is $.50 per item. What
is the total direct cost of 1 item?
A. $0.420
B. $0.580
C. $0.500
D. $0.080
2003-2022 International Academy of Science. All Rights Reserved.
▬
O
(12
Transcribed Image Text:A packaging employee making $16 per hour can package 200 items during that hour. The direct material cost is $.50 per item. What is the total direct cost of 1 item? A. $0.420 B. $0.580 C. $0.500 D. $0.080 2003-2022 International Academy of Science. All Rights Reserved. ▬ O (12
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