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Huron Company produces a cleaning compound known as Zoom. The direct materials and direct labor...

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Accounting

Huron Company produces a cleaning compound known as Zoom. The direct materials and direct labor standards for one unit of Zoom are given below:
\table[[,Standard Quantity or,,],[Direct materials,Hours,Standard Price or Rate,Standard Cost],[Direct labor,7.50 pounds,$2.40 per pound,18.00],[,0.80 hours,$7.00 per hour,$5.60
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