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Determine potential savings by filling in the standard and potential cost % and then calculating the potential savings) Round all the calculations to hundredth of
- Determine potential savings by filling in the standard and potential cost % and then calculating the potential savings) Round all the calculations to hundredth of a decimal (.00)
| Actual Cost | Standard Cost | Actual Sales | Standard Cost % | Potential Cost % | Savings | |
$ | % | ||||||
a. | 318.20 | 301.00 | 860.00 |
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b. | 1394.40 | 1324.68 | 3486.00 |
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c. | 3919.30 | 3695.34 | 11198.00 |
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