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Jacksons Widget company spent $2.15 per sq ft of wood this year and $2.30 last...

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Accounting

Jacksons Widget company spent $2.15 per sq ft of wood this year and $2.30 last year. Last year,50,000 sq ft were used to produce 100,000 units. This year, 54,540 sq ft were used to produce 101,000 units. What is the cost effect of price recovery for variables cost?

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