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1. CNK has the following information relating to one of its products: Direct material cost per unit $1 Direct labour cost per unit $3 Variable

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1. CNK has the following information relating to one of its products: Direct material cost per unit $1 Direct labour cost per unit $3 Variable production cost per unit $3 Fixed production overhead $30,000 per month Budgeted production 15,000 units per month| Required: Calculate the cost per unit and the total cost of the budgeted monthly production

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