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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 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

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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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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