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The following cost information has been provided for a new product line. Cost per unit Direct materials $2.5 Direct labour $1.5 Variable factory overhead $
- The following cost information has been provided for a new product line.
Cost per unit
- Direct materials $2.5
- Direct labour $1.5
- Variable factory overhead $ 3
- Fixed factory overhead $1.5
The unit costs are based on a production of 10000 units.
If 2000 units are produced what would be the:
- Total prime cost
- Conversion cost per unit
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