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Hanson Inc. has the following direct materials standard to manufacture one Zippy: 1.5 pounds per Zippy at $4.00 per pound Last week, 1,700 pounds of materials were purchased and used to make 1,000 Zippies. The materials cost a total of $6,630. 1. How many pounds of materials should Hanson have used to make 1,000 Zippies? a. 1,700 pounds b. 1,500 pounds c. 1,200 pounds d. 1,000 pounds

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facundobuzzetti

Answer:

Total standard quantity= 1,500 pounds

Explanation:

Giving the following information:

Standard= 1.5 pounds per Zippy at $4.00 per pound

Units produced= 1,000 units

To calculate the number of pounds required to make 1,000 units, we need to use the following formula:

Total standard quantity= standard unitary quantity*number of units

Total standard quantity= 1.5*1,000

Total standard quantity= 1,500 pounds

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