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The following materials standards have been established for a particular product: Standard quantity per unit of output: 1 . 7 meters Standard Price: $ 1
The following materials standards have been established for a particular product: Standard quantity per unit of output: meters Standard Price: $ per meter. The following data pertain to operations concerning the product for the last month: Actual materials purchased meters Actual cost of materials purchased $ Actual materials used in production meters Actual output units
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