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ABC Designs, which produces rings, is developing direct material standards. Each ring requires 0.52 kilograms of a special metal. The allowance for waste is

ABC Designs, which produces rings, is developing direct material standards. Each ring requires 0.52 kilograms of a special metal. The allowance for waste is 0.03 kilograms per ring, while the allowance for rejects is 0.02 kilograms per ring. What is the standard quantity of metal per ring?

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