During the Current Month,Thompson Company Started 40,000 Units of Product

question 76

Multiple Choice

During the current month,Thompson Company started 40,000 units of product and transferred 25,000 fully completed units to finished goods.The final work in process inventory was 50 percent complete as to labor operations.There was no initial work in process,and actual labor hours were 150,000 for the period.Each unit should have required 3 direct labor hours to be produced at standard.The total standard hours allowed for the period are

• A)75,000 hours.
• B)97,500 hours.
• C)120,000 hours.
• D)150,000 hours.

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Definitions:

Self-concept

An individual's perception and understanding of themselves, including their attributes and who and what they are.

Social Group

A collection of individuals who interact with each other, share similar characteristics, and collectively have a sense of unity or identity.

Meaningfulness Of Work

Refers to the degree to which an individual perceives their work to have value and importance, contributing to their overall sense of purpose.

Social Factors

Aspects of society and its social structure that influence individual behavior, attitudes, and interactions.