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A company makes concrete statues. Each statue requires 10 pounds of concrete at $2 per pound and 0.2 direct labor hours at $30 per hour. Overhead is assigned at the rate of $80 per labor hour. What is the standard cost to make one unit and the total that would appear on the standard cost card?
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A company makes concrete statues. Each statue requires 10 pounds of concrete at $2 per pound and 0.2...
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