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Analyze the production costs of Ford Motor Company for a particular model: Cost Component Amount ($) Materials 5,000 Labor 3,000 Overhead Expenses 2,000 Marketing Expenses
Analyze the production costs of Ford Motor Company for a particular model:
Cost Component | Amount ($) |
Materials | 5,000 |
Labor | 3,000 |
Overhead Expenses | 2,000 |
Marketing Expenses | 1,000 |
Total Cost | 11,000 |
Calculate the percentage contribution of each cost component to the total production cost.
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