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Sheddon Industries produces two products. The products' identified costs are as follows: Product A Product B Direct materials 21,000 $16,000 Direct labor 15,000 25,000 The
Sheddon Industries produces two products. The products' identified costs are as follows: Product A Product B Direct materials 21,000 $16,000 Direct labor 15,000 25,000 The company's overhead costs of $55,000 are allocated based on labor cost. Assume 5,000 units of product A and 6,000 units of Product B are produced. What amount of production costs would be assigned to Product A? (Do not round intermediate calculations.) Multiple Choice $41,000 $56,625 None of the answers are correct
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