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During June HASF company material purchases amounted to 5,000 pounds at a price of 7 per pound. Actual costs incurred in the production of 5,000 units were as follows
Total direct labor cost 100,000 @10 per hour
Cost of Material used 70,000
The standards for one units of company product are as follows
Direct Labor Direct Material
Required:
Problem a. Compute the following
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