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Thyne Inc. has prov overheadis applied to products on the basis of direct labor-hours. ided the following data concerning one of the products in its
Thyne Inc. has prov overheadis applied to products on the basis of direct labor-hours. ided the following data concerning one of the products in its standard cost system. Variable manufacturing 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 Standard Price or Rate s 9.20 per gram $21.20 per hour s 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: Multiple Choice 26,910 grarma 24,979 grams 26.900 grams 28.980 grams
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