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A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations Selling price Units in beginning
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: $137 2,850 2,700 150 Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense17 $21 12 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $91,200 $10,800 The total gross margin for the month under absorption costing is
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