The following materials standards have been established for a particular product: Standard quantity per unit of output4.8 grams Standard price$12.
The following materials standards have been established for a particular product:
Standard quantity per unit of output4.8 grams Standard price$12.00 per grams
The following data pertain to operations concerning the product for the last month:
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Order Paper NowActual materials purchased3,700 grams Actual cost of materials purchased$ 43,105 Actual materials used in production3,000 grams Actual output560 units