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1. 2. Workers in an apple orchard fill 40-pound buckets every 4 minutes and earn $1.25 for every bucket filled. This would suggest that the
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Workers in an apple orchard fill 40-pound buckets every 4 minutes and earn $1.25 for every bucket filled. This would suggest that the standard hourly labor rate for an apple picker would be: $18.75 $25.00 $15.00 $12.50 The standard cost for one unit of a finished good includes the following: Standard quantity or hour Direct materials 10 pounds Direct labor 3 hours Variable manufacturing overhead 3 hours Standard price or rate $40 per pound per hour $5 per hour If the total variable standard cost for one unit of finished good is $505, then the standard rate per hour for direct labor is: $5 $30 $25 $15Step by Step Solution
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