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Horton Foods bakes and sells 1,000 dozen bagels each week to food service operations. Among the costs are bakers' salaries, $24,000; production management salaries, $16,000; production equipment operating costs, $32,000; and flour and ingredient costs, $15,000.

Required:
(a) Calculate prime costs
(b) Calculate conversion costs

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9970665

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