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A company produces a single product. Last year, fixed manufacturing overhead was $30,000, variable production costs were $48,000, fixed selling and administration costs were $20,000,

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A company produces a single product. Last year, fixed manufacturing overhead was $30,000, variable production costs were $48,000, fixed selling and administration costs were $20,000, and variable selling administrative expenses were 59,600. There was no beginning inventory. During the year, 3,000 units were produced and 2,400 units were sold at a price of S40 per unit. Under variable costing, the net operating income loss would be: Do not use positive or negative sign in your final answer. Answer Jefferson Company has a single product whose selling price is $ 140 per unit: the variable is S60 per unit and fixed expenses totaling $40,000. A total of 600 units were produced and sold last month. The company has no beginning or ending inventories. Compute the margin of safety as a percentage of its sales. Do not use the percentage sign in your answer and round of the answer to one place of decimal Answer Activate Windows

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