Geelong Quality Products has recently developed standard of a new product. It is estimated that...
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Accounting
Geelong Quality Products has recently developed standard of a new product. It is estimated that the product requires 2 hours of direct labour in the first production department and 1 hour in the second production department. The average hourly pay rate is $18.00 in the first department and $20.00 in the second department. What is the standard labour cost per unit?
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