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Brush Industries reports the following information for May: Sales $960,000 Fixed cost of goods sold 112,000 Variable cost of goods sold 262,000 Fixed selling and
Brush Industries reports the following information for May: Sales $960,000 Fixed cost of goods sold 112,000 Variable cost of goods sold 262,000 Fixed selling and administrative costs 112,000 Variable selling and administrative costs 137,000 Calculate the gross margin for May under absorption costing
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