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Chapter 05 Cost Estimation Answer Key
True / False Questions
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Topic: Basic Cost Behavior Patterns
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Multiple Choice Questions
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Given the following information, compute the total number of units for the period:
Direct labor hours
12,000
Direct labor cost
$2.70 per hour
Direct materials cost
$75 per unit
Total manufacturing cost
$132,600
Fixed overhead cost
$36,000
Variable overhead cost
50% of total labor cost
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