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Marion Forging Co.has provided the following information for last year:
Required:
Calculate the partial productivity for:
a.Metal.b.Labor.
C$ Per US$
The exchange rate determining how much Canadian dollars (C$) you can exchange for one US dollar (US$).
Exchange Rate
The financial value of one currency in the context of another for the purpose of exchange.
C$0.005
Represents a monetary value of five one-thousandths of a Canadian dollar.
C$1.0339
Specified value, possibly representing the exchange rate of 1 Canadian dollar to another currency at a certain point in time.
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