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9. In Fritney'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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9. In Fritney'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. (This question has 2 parts: each is worth a 5), Please answer: 1) What was the standard cost percent? 2) Given the information in this question, what are the potential savings for September

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