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CoursHeroTranscribedText: Problem 1: UC Company manufactures hooded jackets. During the year, it manufactured 250,000 jackets, using 2 hours of direct labor at a rate of

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CoursHeroTranscribedText: Problem 1: UC Company manufactures hooded jackets. During the year, it manufactured 250,000 jackets, using 2 hours of direct labor at a rate of Php8.50 per hour. The materials and labor standards for manufacturing the t-shirts are: Direct materials (6 yards of fabric @ Php3 per yard) Php18 Direct labor (2.4 hours @ Php8.00 per hour) 17 It took UC 1,400,000 yards at Php2.50 per yard to make the 250,000 jackets

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