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Sarasota Manufacturing Corporation uses both standards and budgets. The company estimates that production for the...

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Accounting

Sarasota Manufacturing Corporation uses both standards and budgets. The company estimates that production for the ye will be 100,000 units of Product Fast. To produce these units of Product Fast, the company expects to spend $750,000 for materials and $950,000 for labor.
(a)
Your answer is correct.
Compute the estimates for a standard cost. (Round answers to 2 decimal places, e.g.2.17.)
\table[[Materials $,per unit],[Labor $,per unit]]
eTextbook and Media
Attempts: 1 of 3 used
(b)
Compute the estimates for budgeted cost.
Total Materials Cost
$
Total Labor Cost
$
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