The Following Direct Labor Information Pertains to the Manufacture of Product

question 73

Multiple Choice

The following direct labor information pertains to the manufacture of product Scour: What is the standard direct labor cost per unit of product Scour? (CPA adapted)
$$\begin{array} { | l | l | } \hline \text { Time required to make one unit } & 2 \text { direct labor } \\\text { hours } \\\hline \text { Number of direct workers } & 50 \\\hline \text { Number of productive hours per week, } & 40 \\\text { per worker } & \$ 500 \\\hline \text { Weekly wages per worker } & 20 \% \text { of wages } \\\hline \text { Workers' benefits treated as direct labor } \\\text { costs } & \\\hline\end{array}$$

• A) $30.
• B) $24.
• C) $15.
• D) $12.

Understand the significance of the Sarbanes-Oxley Act on corporate responsibility and financial disclosures.

Comprehend the primary role of accounting in business and society.

Distinguish the characteristics of various forms of business organization.

Understand basic accounting principles and concepts such as the cost principle.