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PART V. Norton Company's manufacturing costs for 2009 were as follows: Direct materials, P300, 000; Direct labor - P400,000; Factory overhead variable - P80,

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PART V. Norton Company's manufacturing costs for 2009 were as follows: Direct materials, P300, 000; Direct labor - P400,000; Factory overhead variable - P80, 000 and fixed - P50,000. 18. Prime cost 19. Conversion cost 20. Total manufacturing cost

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