2–3
Cost of goods manufactured..... $ 739,000 Unit cost of goods manufactured = $739,000/100,000 = $7.39 3. Direct labor = $7.39 – $1.70 – $3.24 = $2.45 Prime cost = $1.70 + $2.45 = $4.15 Conversion cost = $2.45 + $3.24 = $5.69 Chapter 2 Homework Solutions . 2–5 1. …
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