Question: Multiple Choice Question 73 Waterway's standard quantities for 1 unit of product include 5 pounds of materials and 2.5 tabor hours. The standard rates are

Multiple Choice Question 73 Waterway's standard quantities for 1 unit of product include 5 pounds of materials and 2.5 tabor hours. The standard rates are $5 per pound and $11 per hour. The standard overhead rate is 12 per direct aber hout. The total standard cost of Waterway's product is 52.50. $28.00 $57.50. 182.50

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