Question: Yama Industries carefully develops standards for its coat making operation. Its specifications call for 2 square yards of wool per coat. The budgeted price of

Yama Industries carefully develops standards for its coat making operation. Its specifications call for 2 square yards of wool per coat. The budgeted price of wool is $44 per square yard. The actual price for the wool was $36 and the usage was only 1.70 yards of wool per coat. What would be the standard cost per output for the wool?

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