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Orasco company uses both standards and budgets compute the

Question - Orasco Company uses both standards and budgets. For the year, estimated production of Product X is 500,000 units. Total estimated cost for materials and labor are $1,260,000 and $1,830,000. Compute the estimates for (a) a standard cost and (b) a budgeted cost.

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Accounting Basics: Orasco company uses both standards and budgets compute the

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