The unit quantity standard of a product is 3 pounds per package, and the unit quantity standard for machine hours is 0.40 hours per package. During August, 190,000 packages were produced. 430,000 pounds and 77,000 hours were used in production. How many pounds and how many machine hours should have been used for the actual output

Standard pounds= 570,000 pounds

Standard hours= 76,000 hours

Explanation:

Giving the following information:

Standard pounds= 3 pounds per package

Standard hours= 0.40 hours per package.

During August, 190,000 packages were produced.

To calculate the standard quantity of pounds and hours that should have been used, we need to multiply the standard rate whit the actual output.

Standard pounds= 190,000*3= 570,000 pounds

Standard hours= 0.4*190,000= 76,000 hours

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