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An entity has the following cost components for 150,000 units of product for the year: Direct Materials 325,000 Direct Labor 175,000 Manufacturing Overhead 225,000 Selling
An entity has the following cost components for 150,000 units of product for the year: | |||||
Direct Materials | 325,000 | ||||
Direct Labor | 175,000 | ||||
Manufacturing Overhead | 225,000 | ||||
Selling and Administrative expense | 175,000 | ||||
All costs are variable except for 75,000 of manufacturing overhead and 75,000 of selling and administrative expenses. The total costs to produce and sell 175,000 units for the year are: | |||||
Answer: | |||||
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