How to calculate the standard cost of direct materials

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Problem 1: Dex, Inc. installs pre-built decks on mobile homes. They expect to make 300 decks next year, where each deck requires 500 ft of lumber, at $1.75 per foot. Calculate the standard cost of direct materials (per deck).

Option 1: $875
Option 2: $1,400
Option 3: $525
Option 4: $262,500

Reference no: EM132717290

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