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8. In Fribney's Restaurant, actual cost for September was $49,000. Sales for September were $140,000. Standard cost percent was 5.0% lower than actual cost percent.

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8. In Fribney's Restaurant, actual cost for September was $49,000. Sales for September were $140,000. Standard cost percent was 5.0% lower than actual cost percent. Standard cost percent was: a. 5.0% b. 30.0% c. 35.0% Answer: 9. If actual cost for a period is $47,250

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