Question: Item Quantity Unit Cost ($) Total Cost ($) Direct Materials 2,500 units $15 Direct Labor 1,200 hours $18 Manufacturing Overhead - $8,000 Total - -
Item Quantity Unit Cost ($) Total Cost ($) Direct Materials 2,500 units $15 Direct Labor 1,200 hours $18 Manufacturing Overhead - $8,000 Total - - Requirements:
- Fill in the table with the total cost for each item.
- Calculate the total manufacturing cost.
- Analyze the cost components and their impact on overall costs.
- Propose cost reduction strategies based on the analysis.
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