Question: Item Quantity Unit Cost ($) Total Cost ($) Direct Materials (Product A) 500 units $20 Direct Materials (Product B) 700 units $25 Direct Labor (Product
Item Quantity Unit Cost ($) Total Cost ($) Direct Materials (Product A) 500 units $20 Direct Materials (Product B) 700 units $25 Direct Labor (Product A) 250 hours $30 Direct Labor (Product B) 350 hours $35 Manufacturing Overhead - $12,000 Total - - Requirements:
- Fill in the table with the total cost for each item.
- Calculate the total manufacturing cost for each product.
- Analyze the cost breakdown for each product.
- Propose cost allocation methods for manufacturing overhead.
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