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Compute standard cost. (SO 3) 25-1 Saito Company accumulated the following standard cost data concerning product I-Tal. Materials per unit: 2 pounds at $5 per

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Compute standard cost. (SO 3) 25-1 Saito Company accumulated the following standard cost data concerning product I-Tal. Materials per unit: 2 pounds at $5 per pound Labor per unit: 0.2 hours at $14 per hour Manufacturing overhead: Predetermined rate is 125% of direct labor cost Compute the standard cost of one unit of product I-Tal

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