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Dixon & Company manufactures Part A and uses standard costs to prepare its flexible For the first quarter of the year, direct materials and direct
Dixon & Company manufactures Part A and uses standard costs to prepare its flexible For the first quarter of the year, direct materials and direct labor standards for Part A were as follows:
Direct materials: pounds per unit; $ per pound
Direct labor: hours per unit; $ per hour
During the first quarter. Dixon produced units of this product. Actual direct materials and direct labor costs were $ and $ respectively.
For the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of units.
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