Biomet sell hip, knee, and shoulder implants. The manager observed the following costs for the...
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Biomet sell hip, knee, and shoulder implants. The manager observed the following costs for the months of August and September: Cost August September Utilities $33,000 $40,000 Insurance $23,000 $23,000 Depreciation $8,550 $8,550 Materials $16,000 $24,000 Biomet produced 20,000 units in August and 30,000 units in September. What is the company's expected material cost for October if the company expects to produce 26,000 units? a, $20,800 b. $16,000 c. $15,600 d. $24,000 e. None of these are correct
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