a Exercise 25-3 Stefani Company has gathered the following information about its product. Direct materials:...
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a Exercise 25-3 Stefani Company has gathered the following information about its product. Direct materials: Each unit of product contains 3.10 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 0.70 pounds. Materials cost $ 5 per pound, but Stefani always takes the 5.00 % cash discount all of its suppliers offer. Freight costs average $ 0.45 per pound. ly Direct labor. Each unit requires 2.40 hours of labor. Setup, cleanup, and downtime average 0.10 hours per unit. The average hourly pay rate of Stefani's employees is $14.00. Payroll taxes and fringe benefits are an additional $ 3.70 per hour
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