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ch 24 Sheridan's standard quantities for 1 unit of product include 4 pounds of materials and 2.5 labor hours. The standard rates are $3 per
ch 24
Sheridan's standard quantities for 1 unit of product include 4 pounds of materials and 2.5 labor hours. The standard rates are $3 per pound and $11 per hour. The standard overhead rate is $10 per direct labor hour. The total standard cost per unit of Sheridan's product is $64.50.$52.50$39.50$24.00 Step by Step Solution
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