I Wear Optometry determined the following variances had occurred during the month of September:
The company made 1600 pairs of eyeglasses during the month using 2000 direct labour hours.The standard wage rate per hour is $14.50.Determine the standard wages for September's output.
A) $22 750
B) $34 800
C) $29 000
D) $23 200

Question

I Wear Optometry determined the following variances had occurred during the month of September:
The company made 1600 pairs of eyeglasses during the month using 2000 direct labour hours.The standard wage rate per hour is $14.50.Determine the standard wages for September's output. 
A) $22 750 
B) $34 800 
C) $29 000 
D) $23 200

Quizplus · Accepted Answer

To calculate the standard wages for September's output, we need to first calculate the total hours worked. 
Standard hours per unit = 2000/1600 = 1.25 hour/unit 
Total standard hours for 1600 units = 1600 * 1.25 = 2000 hours

Then, we can calculate the total standard wages using the formula: 
Standard wage rate * Total standard hours 
= $14.50 * 2000 = $29,000

Therefore, the correct answer is choice (C).

I Wear Optometry Determined the Following Variances Had Occurred During