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The following production and average cost data for two levels of monthly production volume have been supplied by a company that produces a single
The following production and average cost data for two levels of monthly production volume have been supplied by a company that produces a single product: Production volume 1,000 units Direct materials $13.20 per unit 3,000 units $13.20 per unit Direct labour $14.50 per unit $14.50 per unit Manufacturing overhead $65.40 per unit $29.40 per unit Compute the total monthly fixed manufacturing cost.
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