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E2-12 Manufacturing Costs. Ingerson Manufacturing produces self-propelled rock-drilling machines for use in mining, road building, and excavation. The direct materials cost of one machine is

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E2-12 Manufacturing Costs. Ingerson Manufacturing produces self-propelled rock-drilling machines for use in mining, road building, and excavation. The direct materials cost of one machine is $12,000, and the total manufacturing cost is $20,000. The overhead cost of one machine is one-third as large as its prime cost. Required: Determine the direct labor cost of one machine

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