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CoursHeroTranscribedText: Question 1 The following selected information was extracted from 2005 accotmting records of Pine...

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CoursHeroTranscribedText: Question 1 The following selected information was extracted from 2005 accotmting records of Pine Tree Product: Raw material purchases 1'?5,000 Direct Labor 254,000 Indirect Labor 109,000 Selling and administrative salaries 133,000 Building depreciation 80,000 Other selling and administrative 195,000 expenses 344,000 Other factory costs 1495,000 Sales revenue 130 er unit Seventy-five percent of the company's building was devoted 1 activities; the remaining 25% was used for selling and admini function

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