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Lo-bed company produced 4,000 units that require two standard gallons unit at $20.00 standard price per gallon. The company actually used 8, 200 gallons in

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Lo-bed company produced 4,000 units that require two standard gallons unit at $20.00 standard price per gallon. The company actually used 8, 200 gallons in production. Journalize the May 31 entry the standard direct materials used in production. Refer to the Chart of Accounts for exact wording of account titles

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