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Edison Production Limited has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product.Production
Edison Production Limited has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product.Production Volume units unitsDirect materials $$Direct labor$$Total Manufacturing overhead$$Determine the best estimate of the total variable manufacturing cost per unit Determine the prime cost per unit and conversion cost per unit under the volume of units.
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