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Sadie Electronics purchased $12,000 worth of material on account and used $14,000 worth of materials in production. The time ticket indicated 60 hours worked at
Sadie Electronics purchased $12,000 worth of material on account and used $14,000 worth of materials in production. The time ticket indicated 60 hours worked at $12 per hour. Sadie paid cash for $12,500 worth of accounts payable for materials. Sadie applied overhead at the rate of $ 0.50 per direct material dollar used. What is the total cost of production?
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