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Thyne Inc. has provided the following data concerning one of the products in its standard cost system. Variable manufacturing overhead is applied to products on

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Thyne 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 Standard Price or Rate $ 9.20 per gram $21.20 per hour $ 3.60 per hour The actual output for the period was 3,900 units. The standard hours allowed for the actual output is closest to: Multiple Choice 3,330 hours 3,092 hours 3,780 hours 3,510 hours

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