Thyne Incorporated 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. Inputs Direct materials Direct labor Variable manufacturing overhead O $90.70 per unit O $85.80er unit Standard Quantity or Hours per Unit of Output $84.22 per unit 6.9 0.90 0.90 Standard Price or Rate grams hours The actual output for the period was 3,900 units. The total standard cost per unit is closest to: hours $9.20 per gram $ per 21.20 hour $ 3.60 per hour
Thyne Incorporated 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. Inputs Direct materials Direct labor Variable manufacturing overhead O $90.70 per unit O $85.80er unit Standard Quantity or Hours per Unit of Output $84.22 per unit 6.9 0.90 0.90 Standard Price or Rate grams hours The actual output for the period was 3,900 units. The total standard cost per unit is closest to: hours $9.20 per gram $ per 21.20 hour $ 3.60 per hour
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Thyne Incorporated 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.
Inputs
Direct materials
Direct labor
Variable
manufacturing
overhead
Standard Quantity or
Hours per Unit of
Output
O $90.70 per unit
O $85.80er unit
O $84.22 per unit
O $82.56 per unit
6.9
0.90
0.90
Standard
Price or Rate
grams
hours
hours
The actual output for the period was 3,900 units.
The total standard cost per unit is closest to:
$9.20
per
gram
$
per
21.20 hour
$ 3.60
per
hour
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