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Dixboro Company manufactures one product and accounts for costs using a job cost system. You have obtained the following information from the corporation's books and records for the fiscal year ended May 31, year 1:
Required:
Question 1: Compute actual direct material used, actual direct labor, and applied manufacturing overhead. (Hint: The total of these costs is $16,000,000.) (Round intermediate calculations to 2 decimal places.)
Financial Statement Analysis and Preparation
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