World Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturingoverhead is applied to products on the basis of direct labor-hours.InputsDirect materialsDirect laborVariable manufacturingoverheadThe actual output for the period was 3,900 units.The total standard cost per unit is closest to:O $85.80 per unit$84.22 per unitStandard Quantity or Hours perUnit of Output6.9 grams0.90 hours.0.90 hoursO $82.56 per unitO $90.70 per unitStandard Price orRateS 9.20 per gramS 21.20 per hourS3.60 per hour

Name: World Inc. has provided the following data concerning one of the prod
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Description: World Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturingoverhead is applied to products on the basis of direct labor-hours.InputsDirect materialsDirect laborVariable manufacturingo

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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 The actual output for the period was 3,900 units. The total standard cost per unit is closest to: Standard Price or Rate 9.20 per gram S $ 21.20 per hour S 3.60 per hour

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 The actual output for the period was 3,900 units. The total standard cost per unit is closest to: Standard Price or Rate 9.20 per gram S $ 21.20 per hour S 3.60 per hour

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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