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If using ABC, Toto Inc. calculates total overhead to be applied to Product X to be $3,000 while Sales of X was $9,900, Direct Materials
If using ABC, Toto Inc. calculates total overhead to be applied to Product X to be $3,000 while Sales of X was $9,900, Direct Materials for X was $3,000 and Direct Labor $2,000, what is the total product cost of Product X? What is the product margin for Product X?
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