The Long Company makes tables for which the following standards have been developed: Production of 200 tables was expected in August,but 220 tables were actually completed.Direct materials purchased and used were 2,100 pounds at an actual price of $4.40 per pound.Direct labor cost for the month was $10,620,and the actual pay per hour was $18.00.What is the standard direct labor cost for each table produced?
A)$4.00
B)$20.00
C)$48.00
D)$120.00

Question

The Long Company makes tables for which the following standards have been developed:  Production of 200 tables was expected in August,but 220 tables were actually completed.Direct materials purchased and used were 2,100 pounds at an actual price of $4.40 per pound.Direct labor cost for the month was $10,620,and the actual pay per hour was $18.00.What is the standard direct labor cost for each table produced?
A)$4.00 
B)$20.00 
C)$48.00 
D)$120.00

Quizplus · Accepted Answer

The Answer of The Long Company makes tables for which the following standards have been developed:  Production of 200 tables was expected in August,but 220 tables were actually completed.Direct materials purchased and used were 2,100 pounds at an actual price of $4.40 per pound.Direct labor cost for the month was $10,620,and the actual pay per hour was $18.00.What is the standard direct labor cost for each table produced?
A)$4.00 
B)$20.00 
C)$48.00 
D)$120.00

The Long Company Makes Tables for Which the Following Standards