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If direct materials for one unit of product are $9.00, direct labor for one hour is $15.00, manufacturing overhead costs are $5.00 per direct labor hour, and one-fourth hour of direct labor is required to produce one unit of product, how much are the labor and overhead costs for one unit of product?

a. $5.00.

b. $2.50.

c. $20.00.

d. $15.00.

Accounting Basics, Accounting

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