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Metlock Company uses standards and budgets. For the year, estimated production of product X is 605,000 units. The total estimated costs for materials and labour
Metlock Company uses standards and budgets. For the year, estimated production of product X is 605,000 units. The total estimated costs for materials and labour are $1,573,000 and $2,178,000, respectively. Calculate the estimates for (a) a standard cost and (b) a budgeted cost. (Round per unit answers to 2 decimal places, e.g. 15.25 and other answers to O decimal places, e.g. 125.) Materials Labour (a) Standard cost $ per unit $ per unit (b) Budgeted cost $
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