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Lemur [1.5K]
3 years ago
6

Standard Quantities Allowed of Labor and MaterialsMiel Company produces ready-to-cook oatmeal. Each carton of oatmeal requires 1

6 ounces of rolled oats per carton (the unit quantity standard) and 0.04 labor hour (the unit labor standard). During the year, 960,000 cartons of oatmeal were produced.
Required:

1. Calculate the total amount of oats allowed for the actual output.
ounces

2. Calculate the total amount of labor hours allowed for the actual output.
hours
Business
1 answer:
jok3333 [9.3K]3 years ago
4 0

Answer:

Part I :

1) Total amount of oats allowed = 960000*16 = 15360000 ounce

2) Total amount of labor hours allowed = 960000*.04 = 38400 Hours

<u>Part II : </u>

1) Total amount of oats allowed = 750000*17 = 12750000 ounce

2) Total amount of labor hours allowed = 750000*.04 = 30000 Hours

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The Werner Corporation uses the weighted-average method in its process costing system. The company recorded 24,400 equivalent un
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Results are below.

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