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Question - An entity has the following cost components for 75,000 units of product for the year:
Direct Materials 225,000
Direct Labor 125,000
Manufacturing Overhead 200,000
Selling and Administrative expense 150,000
All costs are variable except for 60,000 of manufacturing overhead and 85,000 of selling and administrative expenses. What the total costs to produce and sell 85,000 units for the year?
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