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Alex Company manufactures boats in bottles (to sell to rich people who dont have the time to make them themselves). For their standard costing system

Alex Company manufactures boats in bottles (to sell to rich people who dont have the time to make them themselves). For their standard costing system they allow 5 hours of direct labor per bottle at a wage of $11 per hour. The last batch only took 4.5 hours per bottle. They made 12 bottles. However, they ended up paying employees $12 per hour. What is the standard cost for labor per bottle? (in dollars per bottle)

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