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Use the following information to answer Questions 1-8. A product is made by mixing three liquids Jam, Peanut Butter and Mustard. The table below provides

image text in transcribed Use the following information to answer Questions 1-8. A product is made by mixing three liquids Jam, Peanut Butter and Mustard. The table below provides the standard cost and actual output data for the product: A standard process loss of 10% is anticipated. During September 2012, the output was 1440 litres. The standard cost per litre of actual output is: Select one: a. $24.3 b. $30 C. $94.4 d. $76.5

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