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total conversion cost is $500 000. Direct labour and the other element of conversion cost are the ratio of 3:2 to the total conversion cost.
total conversion cost is $500 000. Direct labour and the other element of conversion cost are the ratio of 3:2 to the total conversion cost. direct material is 5 times more than indirect material and 3 times more than direct labour. indirect material is arleady included in the $ 500 000 conversion cost. REQUIRED, calculate direct material used, direct labour, manufacturing overheads, manufacturing cost and primary cost
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