Question
ABC company reported the following: Revenues $17 ,000 Variable manufacturing costs $ 4 0 00 Variable nonmanufacturing costs $ 46 0 0 Fixed manufacturing costs
ABC company reported the following:
Revenues$17,000
Variable manufacturing costs$ 4000
Variable nonmanufacturing costs$ 4600
Fixed manufacturing costs$ 3000
Fixed nonmanufacturing costs$ 280
Required:
a.Compute gross margin.
b.Compute operating income.
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Accounting For Business
Authors: Peter Scott
2nd Edition
0198719868, 9780198719861
