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Question 7 During its first month of operations, a manufacturing company incurs the following costs: dollars: Direct materials$10,000 Administrative expenses$3,000 Indirect materials$1,000 Direct labor$20,000 Selling

Question 7

During its first month of operations, a manufacturing company incurs the following costs: dollars:

Direct materials$10,000

Administrative expenses$3,000

Indirect materials$1,000

Direct labor$20,000

Selling expenses$2,000

Indirect labor$5,000

Depreciation on factory and factory equipment$4,000

What are the manufacturing company's total product costs for the month?

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