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Clock Tower Company produces wall clocks. It has the following per unit costs:
Direct materials: $15
Direct labour $ 6
Manufacturing overhead $19
Last year Clock Tower Company produced and sold 1,000 clocks at a price of $75 each. Total selling and administration cost was $30,000.
Required:
Problem 1: What was the total conversion cost for last year?
A. $21,000
B. $25,000
C. $51,000
D. $55,000
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