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During February, Madison Company incurred an initial cost of $80,000. The company's overall production cost is 40% of its primary cost. In addition, the company

During February, Madison Company incurred an initial cost of $80,000. The company's overall production cost is 40% of its primary cost. In addition, the company spent $2,000 on wages paid to the forklift operator in the finished goods warehouse. During the month of February, Calculate  the total product cost.

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