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Crazing Tiles is a small distributor of marble tiles. Crazing identifies its three major activities and cost pools as ordering, receiving and storage, and
Crazing Tiles is a small distributor of marble tiles. Crazing identifies its three major activities and cost pools as ordering, receiving and storage, and shipping, and it reports the following details for 2016: (Click the icon to view the details.) For 2016, Crazing buys 310,000 marble tiles at an average cost of $2 per tile and sells them to retailers at an average price of $6 per tile. Assume Crazing has no fixed costs and no inventories.
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