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2 Fixed, Variable, and Semivariable Production Costs. SINOVAX Instruments Co. developed the following regression equations to indicate costs at various activity levels: Direct labor Materials
2 Fixed, Variable, and Semivariable Production Costs. SINOVAX Instruments Co. developed the following regression equations to indicate costs at various activity levels: Direct labor Materials Supervision Power = = P4 per unit = P3 per unit = P5,000 P300+P.25 per unit + P.50 per machine hour Factory supplies DepreciationCequipment machine hour DepreciationCbuilding P250+P.75 per unit = P1 per P10,000 During the next period, the company anticipates production of 20,000 units and usage of 3,000 machine hours. Required: Prepare a schedule of the production costs to be incurred during the next period
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