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A packaging employee making $20 per hour can package 80 items during that hour. The direct material cost is $.80 per item. What is the total direct cost of 1 item?

A packaging employee making $20 per hour can package 80 items during that hour. The direct material cost is $.80 per item. What is the total direct cost of 1 item?

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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A packaging employee making $20 per hour can package 80 items during that hour. The direct material cost is $.80 per item. What is the total direct cost of 1 item? A. $0.800 B. $0.250 C. $0.550 D. $1.050 022 Acellus Corporation. All Rights Reserved. 62°F
Transcribed Image Text:A packaging employee making $20 per hour can package 80 items during that hour. The direct material cost is $.80 per item. What is the total direct cost of 1 item? A. $0.800 B. $0.250 C. $0.550 D. $1.050 022 Acellus Corporation. All Rights Reserved. 62°F
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