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Bridgeport Company uses standards and budgets. For the year, estimated production of product x is...

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Accounting

Bridgeport Company uses standards and budgets. For the year, estimated production of product x is 583,000 units. The total estimated costs for materials and labour are $1,574,000 and $1,749,000, respectively. Calculate the estimates for (a) a standard cost and (b) a budgeted cost. (Round per unit answers to 2 decimal places, eg.15.25 and other answers to 0 decimal places, e.g.125.)
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