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Question Content Area Fine Dining Linens Inc. makes high-end tablecloths. Last month, direct materials (cotton, thread, decorative accents) costing $600,000 were put into production. Linens
Question Content Area Fine Dining Linens Inc. makes high-end tablecloths. Last month, direct materials (cotton, thread, decorative accents) costing $600,000 were put into production. Linens had 100 workers; each worked 140 hours this month, and each is paid $20 per hour. Overhead equaled $400,000 for the period. Linens produced 16,000 tablecloths as of the end of the month.
Required: A. Calculate the total product cost for the month. $_____ B. Calculate the unit cost of the produced tablecloths. $_____
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