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Oak Company produces a chair that requires 6 yards of material per unit. The standard price of one yard of material is $7.50. During the

Oak Company produces a chair that requires 6 yards of material per unit. The standard price of one yard of material is $7.50. During the month, 8,500 chairs were manufactured, using 48,875 yards. Journalize the entry to record the standard direct materials used in production.

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