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Standard Product Cost, Direct Materials Variance H.J. Heinz Company uses standards to control its materials costs. Assume that a batch of ketchup ( 1,100 pounds)

image text in transcribed Standard Product Cost, Direct Materials Variance H.J. Heinz Company uses standards to control its materials costs. Assume that a batch of ketchup ( 1,100 pounds) has the following standards: 1,900 lbs. of tomatoes 96 gal. of vinegar 10 gal. of corn syrup 39 Ibs. of salt

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