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Ravena Labs., Inc. makes a single product which has thefollowing standards:Direct materials: 2.5 ounces at $20 per ounceDirect labor: 1.4 hours at $12.50 per hourVariable

Ravena Labs., Inc. makes a single product which has thefollowing standards:Direct materials: 2.5 ounces at $20 per ounceDirect labor: 1.4 hours at $12.50 per hourVariable manufacturing overhead 2 answers

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