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labor at $16.00 per hour. The overhead rate is 80% of direct labor. Dired Compute the standard cost of one unit of product. (Round answer

labor at $16.00 per hour. The overhead rate is 80% of direct labor. Dired Compute the standard cost of one unit of product. (Round answer to 2 declmal places, e.g. 2.75.) Standard cost s

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