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(Appendix 10B) The Lahn Company produces and sells a single product. Standards have been established for the product as follows: Actual cost and usage figures

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(Appendix 10B) The Lahn Company produces and sells a single product. Standards have been established for the product as follows: Actual cost and usage figures for the past month follow: Required: Prepare journal entries to record: a) The purchase of raw materials. b) The usage of raw materials in production. c) The incurrence of direct labour cost

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