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how do i calculate product cost under full cost? given number of sales 28500 bags, and production 30500 bags, variable manufacturing cost 3.70 per bag,
how do i calculate product cost under full cost? given number of sales 28500 bags, and production 30500 bags,
variable manufacturing cost 3.70 per bag, sales and dist. 0.50 per bag, total fixed MOH 61000, and fixed admin overhead 26500.
I have used the formula many times with no success.
Thank you.
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