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Business, 05.02.2020 02:50 Richelleypinelley

Cost standards for one unit of product no. c77: direct material 3 pounds at $2.50 per pound $ 7.50 direct labor 5 hours at $7.50 per hour 37.50 actual results: units produced 7,800 units direct material purchased 26,000 pounds at $2.70 $ 70,200 direct material used 23,100 pounds at $2.70 62,370 direct labor 40,100 hours at $7.30 292,730 assume that the company computes variances at the earliest point in time. the standard hours allowed for the work performed are:

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Cost standards for one unit of product no. c77: direct material 3 pounds at $2.50 per pound $ 7.50...
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