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Miller Company's total sales are $192,000. The company's direct labor cost is $23,040, which represents 30% of its total conversion cost of 40% of its
Miller Company's total sales are $192,000. The company's direct labor cost is $23,040, which represents 30% of its total conversion cost of 40% of its total prime cost. Its total selling and administrative expense is $28,800 and it's only variable selling and administrative expense is a sales commission of 5% of sales. the company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs
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