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Missar Company's direct labor cost is 40 percent of its prime cost and 25 percent of its conversion cost. If manufacturing overhead was $150,000 during
Missar Company's direct labor cost is 40 percent of its prime cost and 25 percent of its conversion cost. If manufacturing overhead was $150,000 during the month of May, the direct materials cost for the month of May was:
Answer $75,000
Please explain why 75,000 is the correct Aanswer
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