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The Perfect Tool company produced 80,000 saw blades during the year. It took 1.5 hours...

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Accounting

The Perfect Tool company produced 80,000 saw blades during the year. It took 1.5 hours of labor per blade at a rate of $8.50 per hour. However, its standard labor rate is $8.00 Its labor efficiency was an unfavorable $40,000.

What is Perfect's standard hours allowed for a volume of 80,000 blades?

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