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TB MC Qu. 17-29 (Algo) Ingredient A12H is a material used to make... Ingredient A12H is a material used to make Calvin Corporation's major product.

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TB MC Qu. 17-29 (Algo) Ingredient A12H is a material used to make... Ingredient A12H is a material used to make Calvin Corporation's major product. The standard cost of Ingredient A12H is $38.00 per ounce and the standard quantity is 18.8 ounces per unit of output Data concerning the compound for October appear below. Cost of material purchased in October Material purchased in October Material used in production in October Actual output in October $38.10 per ounce 3,050 ounces 2,270 ounces 750 units The material was purchased on account and Calvin Corporation uses a standard costing system, The debit to the Materials Inventory account for October would total

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