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Parker Plastic, Incorporated, manufactures plastic mats to use with rolling office chairs. Its standard cost...

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Accounting

Parker Plastic, Incorporated, manufactures plastic mats to use with rolling office chairs. Its standard cost information for last year follows:
\table[[Direct materials (plastic),Standard Quantity,Standard Price (Rate),\table[[Standard Unit],[Cost]]],[\table[[Direct materials (plastic)],[Direct labor]],12 square foot,$1.10 per square foot,$13.20
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