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    Business
  3. Study Set
    Cost Accounting
  4. Exam
    Exam 7: Flexible Budgets, direct-Cost Variances, and Management Control
  5. Question
    Standard Labor Rate Is $8 Per Hour
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Standard Labor Rate Is $8 Per Hour

Question 7

Question 7

Multiple Choice

Standard labor rate is $8 per hour.Standard labor allowed per unit is 0.6 hours.Actual cost per labor hour is $7.5 and actual labour hour per unit is 0.7 hours.What is the standard labor cost per output unit?


A) $4.5
B) $4.8
C) $5.6
D) $5.25

Correct Answer:

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