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The actual information for last months production is as follows: Cost of materials purchased $54,000 Materials purchased 4,500 pints Units of finished goods produced 2,200
The actual information for last months production is as follows: Cost of materials purchased $54,000 Materials purchased 4,500 pints Units of finished goods produced 2,200 Materials used in production 7,480 pints The standards are as follows: Standard quantity per unit of finished goods 3.6 pints Standard price $11.50/pint
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