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Machine Builders Inc.adopted a standard cost system several years ago that it uses in conjunction with its process cost system.The per-unit standard costs for direct materials and direct labor for its single product are as follows: Materials: 4 kilograms/unit x $10.00 per kilogram) $40.00/unit;labor: 4 hours/unit x $18.00 per hour = $72.00/unit.All materials are issued at the beginning of processing.The operating data shown below were taken from the records for July:
The direct labor flexible-budget variance for July was:
Insomnia
A sleep disorder characterized by difficulty falling or staying asleep.
Nausea
A sensation of discomfort in the stomach often accompanied by an urge to vomit, commonly experienced due to a variety of causes such as illness, medication, or motion sickness.
Addicted Newborn
A newborn suffering from withdrawal symptoms as a result of exposure to addictive substances while in the womb.
Narcotic
A drug that relieves pain and induces drowsiness, stupor, or insensibility, often used medically for pain relief but can be addictive and abused.
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