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Question - At a production level of 40,000 units, Rippon Pty Ltd had the following manufacturing costs:
Prime Costs $340,000
Fixed Factory Overhead $60,000
Variable Factory Overhead $100,000
If 50,000 units were produced, determine the expected total cost of production?
a. $500,000
b. $610,000
c. $550,000
d. $425,000
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