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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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