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Susan Company uses both standards and budgets. For the year, estimated production of...

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Accounting

Susan Company uses both standards and budgets. For the year, estimated production of Product X is 581,000 units. Total estimated cost for materials andabor are $1,162,000 and $1,626,800 respectively.
Compute the estimates for (a) a standard cost and (b) a budgeted cost. (Round standard costs to 2 decimal places, e.g.1.25.)
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