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    Cornerstones of Managerial Accounting
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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 159

Question 159

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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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