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4 Jax Incorporated reports the following data for Its only product. The company had no beginning finished goods Inventory and it uses absorption costing. 25
4 Jax Incorporated reports the following data for Its only product. The company had no beginning finished goods Inventory and it uses absorption costing. 25 points Skipped Sales price Direct materials Direct labor Variable overhead Fixed overhead 1. Compute gross profit assuming (a) 64,000 units are produced and 64,000 units are sold and (b) 88,000 units are produced and 64,000 units are sold. 2 By how much would the company's gross profit Increase or decrease from producing 24,000 more units than It sells? $ 56.40 per unit $9.40 per unit $6.90 per unit $ 11.40 per unit $ 844,800 per year ad Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute gross profit assuming (a) 64,000 units are produced and 64:000 units are sold and (6) 88,000 units are produced and 64,000 units are sold. Sales Cost of goods sold menger Gross profit (a) 64,000 Units Produced and 64,000 Units Sold (b) 88,000 Units Produced and 64,000 Units Sold Required 2 > 4
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