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Q1Ridette Inc. accumulated the following standard cost data concerning product Cty31. Materials per unit: 2 pounds at $4 per pound. Labor per unit: 0.25 hours
Q1Ridette Inc. accumulated the following standard cost data concerning product Cty31. Materials per unit: 2 pounds at $4 per pound. Labor per unit: 0.25 hours at $15 per hour. Manufacturing overhead: Predetermined rate is 140% of direct labor cost. Compute the standard cost of one unit of product Cty31. A. $17 B. $45.6 C. $2.6 D. Answer cannot be determined because of insufficient information provided
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