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Business, 30.11.2021 20:30 calebabaltimore

young inc. produces plastic bottles. production of 16-ounce bottles has a standard unit quantity of 0.45 ounce of plastic per bottle. during the month of june, 240,000 bottles were produced using 110,000 ounces of plastic. the actual cost of plastic was $0.042 per ounce, and the standard price was $0.045 per ounce. there is no beginning or ending inventories of plastic.

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