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Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor - hours and its standard cost card per

Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows:
Direct materials: 5 pounds at $11 per pound
Direct labor: 3 hours at $12 per hour
Variable overhead: 3 hours at $7 per hour
\table[[$55
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