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

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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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
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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