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Larkin Company accumulated the following standard cost data concerning product I-Tal. Direct materials per unit: 2.90 pounds at $5.60 per pound Direct labor per unit: 6.10 hours at $13 per hour Manufacturing overhead: Allocated based on direct labor hours at a predetermined rate of $15.60 per direct labor hour Compute the standard cost of one unit of product I-Tal.
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Larkin Company accumulated the following standard cost data concerning product I-Tal. Direct materia...
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