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Cost data for the most recent period were as follows: Direct materials and direct labor costs $700,000 Other variable manufacturing costs 100,000 Depreciation of factory
Cost data for the most recent period were as follows: Direct materials and direct labor costs $700,000 Other variable manufacturing costs 100,000 Depreciation of factory building & equipment 80,000 Other fixed manufacturing overhead costs 18,000 What amount should be considered product cost for external reporting purposes $800,000 $700,000 $880,000 $898,000
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