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Concord's standard quantities for 1 unit of product include 4 pounds of materials and 2.5...

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Accounting

Concord's standard quantities for 1 unit of product include 4 pounds of materials and 2.5 labor
hours. The standard rates are $4 per pound and $5 per hour. The standard overhead rate is
$12 per direct labor hour. The total standard cost per unit of Concord's product is
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