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A clock shop sells beautiful clocks for $140 each. In 2020 he produced 40,000 watches and sold 37,000. Other information about the operation is
A clock shop sells beautiful clocks for $140 each. In 2020 he produced 40,000 watches and sold 37,000. Other information about the operation is as follows: Direct content Direct salary Variable cost Sales commission Fixed production cost Fixed administrative costs $45 per pc $9 per pc $4.5 per pc $12.5 per pc $64.5 per pc $39,9 What is the inventory cost in $ using the gross margin method?
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Business Logistics Supply Chain Management
Authors: Ronald H. Ballou
5th edition
130661848, 978-0131076594, 0131076590, 978-0130661845
