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Posted on Jan 07, 2021

Compute the standard cost for one hat based on the following standards for each hat: Can someone please explain how to figure this out? Standard

Compute the standard cost for one hat based on the following standards for each hat:

Can someone please explain how to figure this out?

Standard Material Quantity: 3/4 yard of fabric at $5.00 per yard Standard Labor: 2 hours at $5.75 per hour $3.20 per direct labor hour Factory Overhead: Round your answer to two decimal places. Total standard cost

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