RECOMMENDED!!ECON 101-Shannon Company is planning to produce

  

Exercise 23-1Shannon Company is planning to produce 2,000 units of product in 2014. Each unit requires 3.00 pounds of materials at $5.00 per pound and a half-hour of labor at $15.00 per hour. The overhead rate is 70.00% of direct labor.what is the standard cost per unit

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