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Sheridan Company purchased (at a cost of $22,440) and used 3,300 pounds of materials during...

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Accounting

Sheridan Company purchased (at a cost of $22,440) and used 3,300 pounds of materials during
May. Sheridans standard cost of materials per unit produced is based on 1 pounds per unit at a
cost $7.00 per pound. Production in May was 3,240 units

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