=+EX 21-28 Absorption costing income statement Gross profit, $415,000 Problem Series A West Coast Apparel Co.
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=+EX 21-28 Absorption costing income statement
✔ Gross profit,
$415,000 Problem Series A West Coast Apparel Co. manufactures a variety of clothing types for distribution to several major retail chains. The following costs are incurred in the production and sale of blue jeans:
a. Salary of production vice president
b. Property taxes on property, plant, and equipment
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