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In May, Seville Chemicals produced 26,000 barrels of the additive: Labor costs were $18,600, and manufacturing overhead was $358,000. The cost per barrel was $15.85. Required: What was the materials cost in May?.

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In May, Seville Chemicals produced 26,000 barrels of the additive: Labor costs were $18,600, and manufacturing overhead was $358,000. The cost per barrel was $15.85. Required: What was the materials cost in May?

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  • 1. In May, Seville Chemicals produced 26,000 barrels of the additive: Labor costs were $18,600, and manufacturing overhead was $358,000. The cost per barrel was $15.85. Required: What was the materials cost in May?