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What is the prime cost of labeling

Problem: A machine operator stamps labels on sheets of metal that are later made into cans. Each sheet can make 118 cans. The cost per sheet of metal is $10.60. The operator is paid $9.40 per hour and labels 120 sheets per hour. What is the prime cost of labeling 1 can?

a. $.0905

b. $.01

c. $.0105

d. $.011

e. Not given

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Finance Basics: What is the prime cost of labeling

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Solution Preview :

Prepared by a verified Expert

Finance Basics: What is the prime cost of labeling

Reference No:- TGS01452086

Recent Questions Asked Finance Basics

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