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In May, Seville Chemicals produced 26,000 barrels of the additive. Labor costs were $16,000, and manufacturing overhead was $316,000. The cost per barrel was $15.88.
In May, Seville Chemicals produced 26,000 barrels of the additive. Labor costs were $16,000, and manufacturing overhead was $316,000. The cost per barrel was $15.88. Required: What was the materials cost in May
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