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A corporation shows the data below for its most important raw material. When recording the use of materials in production, raw materials would be? Standard

A corporation shows the data below for its most important raw material. When recording the use of materials in production, raw materials would be?

Standard cost per liter $41.30

Standard quantity, liters per unit of output2.9

Material used in production in January, liters 1,660

Actual output in January, units 700

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