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Compute the standard cost for one hat, based on the following standards for each hat: Standard Material Quantity: 3/4 yard of fabric at $4.00 per
Compute the standard cost for one hat, based on the following standards for each hat:
Standard Material Quantity: | 3/4 yard of fabric at $4.00 per yard |
Standard Labor: | 1 hour at $5.75 per hour |
Factory Overhead: | $2.90 per direct labor hour |
Round your answer to two decimal places. $
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