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Abbott, Inc. has the following cost data for Product x , and unit product cost using absorption costing when production is 2 0 0 units,

Abbott, Inc. has the following cost data for Product x, and unit product cost using absorption costing when production is 200 units, 500 units, and 1,000 units.
(Click on the icon to view the cost data.),(Click on the icon to view the unit product cost data.)
Product x sells for $200 per unit. Assume no beginning inventories.
Read the requirements.
Begin by selecting the labels and computing the gross profit for scenario a. and then compute the gross profit for scenario b. and c.
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