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The following costs were incurred in May: Direct materials Direct labor Manufacturing overhead Selling expenses Administrative expenses $ 46,600 $ 29,900 $ 24,700 $ 20,100
The following costs were incurred in May: Direct materials Direct labor Manufacturing overhead Selling expenses Administrative expenses $ 46,600 $ 29,900 $ 24,700 $ 20,100 $ 40,800 1:56 Conversion costs during the month totaled: Multiple Choice $162,100 $76,500 $71,300 $54,600 Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year. Beginning Inventory 43,000 83,000 Ending Inventory 53,000 53,000 Raw material* Finished goods * Three pounds of raw material are needed to produce each unit of finished product If Paradise Corporation plans to sell 495,000 units during next year, the number of units it would have to manufacture during the year would be: Multiple Choice 465,000 units 525,000 units 452.000 units 495.000 units
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