Northcutt's production data for a new deluxe product were taken from the most recent quarterly production budget: july august september planned production in units 550 650 530 in addition, northcutt produces 4,100 units a month of its standard product. it takes 2 direct labor hours to produce each standard unit and 2.50 direct labor hours to produce each deluxe unit. northwest's cost per labor hour is $13. direct labor cost for the quarter would be budgeted at:
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The Government of India issued an ordinance ('Banking Companies (Acquisition and Transfer of Undertakings) Ordinance, 1969') and nationalised the 14 largest commercial banks with effect from the midnight of 19 July 1969. These banks contained 85 percent of bank deposits in the country.
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