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The Foundational 15(Algo)[LO9-1, LO9-2, LO9-4, LO9-5, LO9-6] [The following information applies to the...

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Accounting

The Foundational 15(Algo)[LO9-1, LO9-2, LO9-4, LO9-5, LO9-6]
[The following information applies to the questions displayed below.]
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows:
\table[[Direct material: 4 pounds at $8.00 per pound,$32.00
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