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NM company estimates the following costs for the coming month: Variable overhead to direct labor ratio 60% Fixed overhead costs $10,000 Direct material to total

NM company estimates the following costs for the coming month:

Variable overhead to direct labor ratio 60%

Fixed overhead costs $10,000

Direct material to total costs ratio 20%

Estimated total costs $100,000

Find prime costs

1. Between 25,000.00 and $30,000.00

2. Between $38,000.00 and $44,000.00

3. Between $48,000.00 and $51,000.00

4. Between $58,000.00 and $64,000.00

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