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    Cornerstones of Cost Management Study Set 2
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    Exam 10: Standard Costing: a Managerial Control Tool
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    Just Right Inc
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Just Right Inc

Question 126

Question 126

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Just Right Inc.produces jeans.The following standards have been established:
Just Right Inc.produces jeans.The following standards have been established:    During the year 25,000 pairs of jeans were produced.150,000 yards of denim were purchased and used at $1.23 per yard.Actual direct labor hours were 36,800 at $9.25 per hour.   During the year 25,000 pairs of jeans were produced.150,000 yards of denim were purchased and used at $1.23 per yard.Actual direct labor hours were 36,800 at $9.25 per hour.
Just Right Inc.produces jeans.The following standards have been established:    During the year 25,000 pairs of jeans were produced.150,000 yards of denim were purchased and used at $1.23 per yard.Actual direct labor hours were 36,800 at $9.25 per hour.

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