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Prime costs amount to 55% of the total manufacturing cost. During the period 12,000 units were produced and total manufacturing costs incurred amounted to $144,000.
Prime costs amount to 55% of the total manufacturing cost. During the period 12,000 units were produced and total manufacturing costs incurred amounted to $144,000. Direct labour is equal to 40% of total conversion costs. The direct material cost per unit is.
a) $3.60
b) $3.00
c) $6.60
d) $5.40
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