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U.S. Steel Corporation incurred the following costs for the most recent accounting period: Direct materials $50,000 Direct labor $41,000 Manufacturing overhead $33,000 Selling expenses $29,000
U.S. Steel Corporation incurred the following costs for the most recent accounting period:
Direct materials | $50,000 |
Direct labor | $41,000 |
Manufacturing overhead | $33,000 |
Selling expenses | $29,000 |
Administrative expenses | $44,000 |
During the accounting period, conversion costs totaled:
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