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Kansas Company uses a standard cost accounting system. In 2020, the company produced 28,000 units. Each unit took severa

Posted: Thu May 19, 2022 2:57 pm
by answerhappygod
Kansas Company Uses A Standard Cost Accounting System In 2020 The Company Produced 28 000 Units Each Unit Took Severa 1
Kansas Company Uses A Standard Cost Accounting System In 2020 The Company Produced 28 000 Units Each Unit Took Severa 1 (53.53 KiB) Viewed 57 times
Kansas Company uses a standard cost accounting system. In 2020, the company produced 28,000 units. Each unit took several pounds of direct materials and 1.6 standard hours of direct labor at a standard hourly rate of $12.00. Normal capacity was 50,000 direct labor hours. During the year, 117,000 pounds of raw materials were purchased at $0.92 per pound. All materials purchased were used during the year.
If the labor quantity variance was $7,200 unfavorable, what were the actual direct labor hours worked? Actual hours worked hours