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Okafor Company manufactures skis. The management accountant wants to calculate the fixed and variable costs associated with the leasing of machinery. Data for the past

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Okafor Company manufactures skis. The management accountant wants to calculate the fixed and variable costs associated with the leasing of machinery. Data for the past four months were collected Month April Lease cost $25.200 19,800 May June Machine hours 1.100 840 1.020 1.140 July 22.800 26,676 Using the high-low method calculate the fixed cost for the lease cost. Note. Enter numbers only-- do not use a dollar sign(5) or comma. In July Econo Company purchased materials costing $18.400 and incurred direct labor costs of $27,000. Overhead totaled $32.700 for the month. Information on inventories was as follows: July Materials Work in process Finished goods $4,500 $ 700 $3.100 July 31 $5,200 $1.200 $2,700 What was the cost of goods manufactured for July? Note. Enter numbers only do not use a doller sign ($) or comme

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