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Alex Company, a manufacturing company with no inventories, has the following information Sales Revenue $1,000,000 Fixed Manufacturing Expenses 250,000 Variable Manufacturing Expenses 400,000 Fixed Selling
Alex Company, a manufacturing company with no inventories, has the following information
| Sales Revenue | $1,000,000 | |
| Fixed Manufacturing Expenses | 250,000 | |
| Variable Manufacturing Expenses | 400,000 | |
| Fixed Selling & Administrative Expenses | 300,000 | |
| Variable Selling & Administrative Expenses | 100,000 |
Compute Gross Margin on a traditional income statement.
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Fraud Auditing And Forensic Accounting
Authors: Tommie W Singleton, Aaron J Singleton, G Jack Bologna, Robert J Lindquist
4th Edition
047056413X, 9780470564134
