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ACC 202 EX.07.02.ALGO GROSS PROFIT ANSWER IS INCORRECT. data located after question Gallatin County Motors Inc. Absorption Costing Income Statement For the Month Ended July

ACC 202 EX.07.02.ALGO
GROSS PROFIT ANSWER IS INCORRECT.
data located after question
image text in transcribed
image text in transcribed
Gallatin County Motors Inc. Absorption Costing Income Statement For the Month Ended July 31 Income Statements under Absorptoon Costing and Variable Costing Gallatin County Motors Inc assembles and sells snowmobile engines. The company began operations on July 1 and operated at 100% of capacty during the first month. The following data summarize the results for July

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