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Build Inc. produces widgets. Each widget requires material at $20 and takes 30 minutes of labor hours at $15 per hour. Overhead is assigned at
Build Inc. produces widgets. Each widget requires material at $20 and takes 30 minutes of labor hours at $15 per hour. Overhead is assigned at the rate of $30 per direct labor hour. What is the standard cost for Direct Materials, Direct Labor, Overhead and in total? DM Standard Cost __________ DL Standard Cost __________ O/H Standard Cost __________ Total Standard Cost __________
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