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Vista Company installed a standard cost system on January 1. Selected transactions for the month of January are as follows. 1. Purchased 18,400 units of

Vista Company installed a standard cost system on January 1. Selected transactions for the month of January are as follows.

1. Purchased 18,400 units of raw materials on account at a cost of $3.90 per unit. Standard cost was $3.80 per unit.

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