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ABC Corp has a manufacturing plant with the following costs for the month of July: Direct materials $80,000, Direct labor $50,000, Factory overhead $40,000. During
ABC Corp has a manufacturing plant with the following costs for the month of July: Direct materials $80,000, Direct labor $50,000, Factory overhead $40,000. During July, the company produced 12,000 units. Calculate the prime cost, factory cost, and total cost for the month.
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