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Question 1: A product requires 4 hours of direct labour at $5.25 per hour, and requires other direct expenses of 653.50. In its production, it requires 24 minutes of complex welding. Possible overhead absorption rates have been calculated to be $7.10 per direct labour hour or $41.50 per welding machine hour. Using the direct labour hour basis of overhead absorption, what is the total product cost?
Option A $81.90
Option B $91.10
Option C $119.50
Option D $102.90
Equivalent units are partially completed units that are converted to equivalent units, which are notional whole units, True or false.
this individual assignment is based on the chesters place case which you can download from the readings and resources
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