Question: Ravena Labs., Inc. makes a single product which has the following standards: Direct materials Direct labor ..................... . Variable manufacturing overhead 2.5 ounces at S20

Direct materials Direct labor ..................... . Variable manufacturing overhead 2.5 ounces at

Ravena Labs., Inc. makes a single product which has the following standards:

Direct materials Direct labor ..................... . Variable manufacturing overhead 2.5 ounces at S20 per ounce I .4 hours at $12.50 per I .4 hours at ? per hour

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