Rachael Knapp Company manufactures Clothing for well-known stores; their manufacturing overhead is estimated to be...
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Accounting
Rachael Knapp Company manufactures Clothing for well-known stores; their manufacturing overhead is estimated to be 55% of its total conversion costs. The direct labor cost amounts to $112,500, and direct material element in its total costs are $152,500. 1) What are the manufacturing overhead element? 2) Determine the total Direct Costs. 3) What is the total product costs?
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