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Cost accounting Abu Kamal Manufacturing Company has maintained a gross profit margin (GPM) of 42% against net sales of 5,250,000.72% of cost of goods produced

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Cost accounting

Abu Kamal Manufacturing Company has maintained a gross profit margin (GPM) of 42% against net sales of 5,250,000.72% of cost of goods produced were sold and the remaining were kept as finished goods ending inventory. Required: (1) Find out the total manufacturing costs. (2) What would be the case if GPM = 38%

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