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Standard labor rate is $7.50 per hour. Standard labor allowed per unit is 0.7 hours. Actual cost per ...
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Standard labor rate is $7.50 per hour. Standard labor allowed per unit is 0.7 hours. Actual cost per ...
Standard labor rate is $7.50 per hour. Standard labor allowed per unit is 0.7 hours. Actual cost per labor hour is $7.00 and actual labour hour per unit is 1 hours. What is the standard labor cost per output unit?
A) $4.90
B) $5.25
C) $7.50
D) $7.00
Textbook
Cost Accounting: A Managerial Emphasis
Edition:
16
th
Authors:
Horngren, Datar, Rajan
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Explanation: Standard cost per output unit = Standard labor allowed per unit Standard labor rate = $7.50 0.7 hours = $5.25 per unit
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