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A company manufactures high-quality china plates, which are hand-painted. It has a budgeted overhead of 20,000, taking 150 machine hours and 800 direct labour hours.
A company manufactures high-quality china plates, which are hand-painted. It has a budgeted overhead of 20,000, taking 150 machine hours and 800 direct labour hours. Each plate uses 3 of direct materials, 0.25 labour hours at 10 per hour and 0.2 machine hours. What is the cost of a plate?
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