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mighty has a budgeted normal monthly capacity of 5,000 labor hours with a standard production of 4,000 units at this capacity Factory overhead at normal
mighty has a budgeted normal monthly capacity of 5,000 labor hours with a standard production of 4,000 units at this capacity
Factory overhead at normal capacity :
fixed expense 5,000
variable expense P1.50 per direct labor
During January, actual factory overhead total 11,250 and 4,500 actual labor hours were used.how much is total standard rate?
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