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Use the following costs per unit to identify costs per unit to identify the prime cost, total production cost, and total cost for a product:
Use the following costs per unit to identify costs per unit to identify the prime cost, total production cost, and total cost for a product:
Direct materials $12 per unit
Indirect Materials $6 per unit
Direct Labor $24 per unit
Indirect Labor $8 per unit
Variable production overhead $10 per unit
Variable selling & admin expense $5 per unit
Fixed production overhead $12 per unit
Fixed selling & admin expense $8 per unit
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