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14. Rick's controller next talks about standard direct material costs and how to develop them....

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Accounting

14. Rick's controller next talks about standard direct material costs and how to develop them. For example, each completed credenzas required 60 board feet of wood. In the process of making the credenzas 10 board feet foot of wood will be needed to be scrapped. Required: What is the standard quantity of wood per unit in each credenzas?

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