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Posted: June 15th, 2022
Marseille Company, a clothing manufacturer, uses a standard costing system.
Marseille Company, a clothing manufacturer, uses a standard costing system. Each unit of a finished product contains 2 yards of cloth. However, there is unavoidable waste of 25%, calculated on input quantities, when the cloth is cut for assembly. The cost of the cloth is $6 per yard. The standard direct material cost for cloth per unit of finished product is:A)$9.60.B)$12.00.C)$14.00.D)$15.00.
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