World Inc. 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 6.9 grams 0.90 hours 0.90 hours. O 24,979 grams O 28,980 grams O 26,900 grams O 26,910 grams Standard Price or Rate S 9.20 per gram S 21.20 per hour $ 3.60 per hour The actual output for the period was 3,900 units. The standard amount of materials allowed for the actual output is closest to:
World Inc. 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 6.9 grams 0.90 hours 0.90 hours. O 24,979 grams O 28,980 grams O 26,900 grams O 26,910 grams Standard Price or Rate S 9.20 per gram S 21.20 per hour $ 3.60 per hour The actual output for the period was 3,900 units. The standard amount of materials allowed for the actual output is closest to:
Chapter1: Financial Statements And Business Decisions
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