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What is the standard product cost for product M

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Reference no: EM132936367

Question - Deerfield Company manufactures product M in its factor. Production of M requires 2 pounds of material P, costing $4 per pound and 0.5 hours of direct labor costing $10 per hour. The variable overhead rate is $8 per direct labor hour, and the fixed overhead rate is $12 per direct labor hour. What is the standard product cost for product M?

Reference no: EM132936367

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