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Problem 3 The standard material required manufacturing one unit of product X is 10kgs and the standard price per kg of material is 2.5RO. The

Problem 3 The standard material required manufacturing one unit of product X is 10kgs and the standard price per kg of material is 2.5RO. The cost account records, however, reveal that 11500kgs of materials costing 27600RO were used for manufacturing 1000 units of product X. You are required to calculate MCV, MPV and MUV

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