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A firm incurred the following costs in a year to manufacture 850,000 units of its single product: - Direct material costs: $1,350,000 - Direct wages

A firm incurred the following costs in a year to manufacture 850,000 units of its single product: - Direct material costs: $1,350,000 - Direct wages for workers: $350,000 - Overheads (rent and general expenses): $950,000. Required: Compute the prime, conversion, and total costs using appropriate equations as they may apply.

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