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Assume that a company sells only one product for a price of $130 per unit. The companys variable manufacturing costs per unit are $80, its
Assume that a company sells only one product for a price of $130 per unit. The companys variable manufacturing costs per unit are $80, its fixed manufacturing overhead per unit is $24, and its variable selling expense is $12 per unit. Based solely on the information given, what is the companys gross margin per unit under absorption costing?
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