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The following product costs are available for Haworth Company on the production of chairs: direct materials, $15,500; direct labor, $22,000; manufacturing overhead, $16,500; selling expenses,
- The following product costs are available for Haworth Company on the production of chairs: direct materials, $15,500; direct labor, $22,000; manufacturing overhead, $16,500; selling expenses, $6,900; and administrative expenses, $15,200.What are the prime costs?
- What are the conversion costs?
- What is the total product cost?
- What is the total period cost?
- If 7,750 equivalent units are produced, what is the equivalent material cost per unit?
- If 22,000 equivalent units are produced, what is the equivalent conversion cost per unit?
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