Seneca Hardwoods produces handcrafted jewelry boxes. A standard- size b ox requires 7 board feet of hardwood

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Seneca Hardwoods produces handcrafted jewelry boxes. A standard- size b ox requires 7 board feet of hardwood in the finished product. In addition, 1.5 board feet of scrap lumber is normally left from the production of one box. Hardwood costs $ 5.00 per board foot, plus $ 1.20 in transportation charges per board foot.


Required:

Compute the standard direct- material cost of a jewelry box.


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