Your Company's standards call for 740 direct labor-hours to produce 400 units. During May 700 units were produced. The company worked 650 direct labor-hours. What are the standard hours allowed for May production? O 975 O 1,295 O 740 O 1,203

Your Company's standards call for 740 direct labor-hours to produce 400 units. During May 700 units were produced. The company worked 650 direct labor-hours. What are the standard hours allowed for May production? O 975 O 1,295 O 740 O 1,203

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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Question

Your Company's standards call for 740 direct labor-hours to produce 400 units. During May 700 units were produced. The company worked 650 direct labor-hours. What are the standard hours allowed for May production?
O 975
O 1,295
O 740
O 1,203

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