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Intel Corporation provided the following information for its production department: Item Amount ($) Direct Materials 6,000,000 Direct Labor 4,000,000 Variable Manufacturing Overhead 2,500,000 Fixed Manufacturing

Intel Corporation provided the following information for its production department:

Item

Amount ($)

Direct Materials

6,000,000

Direct Labor

4,000,000

Variable Manufacturing Overhead

2,500,000

Fixed Manufacturing Overhead

3,500,000

Production Volume

1,000,000 units

Requirements:

  1. Prepare a comprehensive Cost Sheet.
  2. Calculate the total cost per unit.
  3. Determine the total manufacturing costs.
  4. Analyze the impact of a 10% increase in production volume on total manufacturing costs.
  5. Discuss the implications of cost control measures on profitability.

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