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The following standards have been set for each test performed: Standard Hours Standard Price or Quantity 3 pounds 0.4 hours or Rate S0.75 per pound S12 per hour Direct materials Direct labor . During March, Your Company performed 2,000 tests. • 840 actual direct labor-hours were worked at a cost of $8,610. What are the standard hours (SQ) for the period? ENTER YOUR ANSWER WITHOUT DOLLAR SIGNS OR OTHER DESCRIPTIONS

The following standards have been set for each test performed: Standard Hours Standard Price or Quantity 3 pounds 0.4 hours or Rate S0.75 per pound S12 per hour Direct materials Direct labor . During March, Your Company performed 2,000 tests. • 840 actual direct labor-hours were worked at a cost of $8,610. What are the standard hours (SQ) for the period? ENTER YOUR ANSWER WITHOUT DOLLAR SIGNS OR OTHER DESCRIPTIONS

Managerial Accounting: The Cornerstone of Business Decision-Making
Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN:9781337115773
Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Chapter10: Standard Costing And Variance Analysis
Section: Chapter Questions
Problem 58E: At the beginning of the year, Lopez Company had the following standard cost sheet for one of its...
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The following standards have been set for each test performed: Standard Hours Standard Price or Quantity 3 pounds 0.4 hours or Rate S0.75 per pound S12 per hour Direct materials. Direct labor. During March, Your Company performed 2,000 tests. • 840 actual direct labor-hours were worked at a cost of $8,610. What are the standard hours (SQ) for the period? ENTER YOUR ANSWER WITHOUT DOLLAR SIGNS OR OTHER DESCRIPTIONS
Transcribed Image Text:The following standards have been set for each test performed: Standard Hours Standard Price or Quantity 3 pounds 0.4 hours or Rate S0.75 per pound S12 per hour Direct materials. Direct labor. During March, Your Company performed 2,000 tests. • 840 actual direct labor-hours were worked at a cost of $8,610. What are the standard hours (SQ) for the period? ENTER YOUR ANSWER WITHOUT DOLLAR SIGNS OR OTHER DESCRIPTIONS
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