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Creative Furniture Inc. is setting standard costs for one of its products. According to the...

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Accounting

Creative Furniture Inc. is setting standard costs for one of its products. According to the standard, wage rate per hour should be $20.60 per hour and the number of hours to be used per custom made table is 2.50 hours. They plan to produce 300 custom tables during the next month. Which of the following is an example of a direct labor cost standard? Group of answer choices $15,450 $20.60 per hour $51.50 per table 2.50 hours

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