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Trico Company set the following standard unit costs for Its single product The predetermined overhead rate is based on a planned operating volume of 50%
Trico Company set the following standard unit costs for Its single product The predetermined overhead rate is based on a planned operating volume of 50% of the productive capacity of 60.000 units per quarter. The following flexible budget information is available. During the current Quarter, the company operated at 60% of capacity and produced 36.000 units of product actual direct labor totaled 286.000 hours. Units produced were assigned the following standard costs
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