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MNO Manufacturing Company produces widgets. The company incurred the following costs during the production process: Direct Materials Cost: $50,000 Direct Labor Cost: $30,000 Manufacturing Overhead:

MNO Manufacturing Company produces widgets. The company incurred the following costs during the production process:

  • Direct Materials Cost: $50,000
  • Direct Labor Cost: $30,000
  • Manufacturing Overhead: $20,000
  • Total Units Produced: 5,000
Calculate the following:
  • Total Manufacturing Cost
  • Cost per Unit
                 

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