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Direct material $ 38 per unit, Fixed manufacturing overhead costs $220,000, sale price $205 per unit, variable manufacturing overhead $20 per unit, direct labor $30
Direct material $ 38 per unit, Fixed manufacturing overhead costs $220,000, sale price $205 per unit, variable manufacturing overhead $20 per unit, direct labor $30 per unit, fixed marketing and administrative costs 195,000, units produced and sold 5000, variable marketing and administrative costs $9 per unit
a. prepare a gross margin income statement.
b. prepare a contribution margin income sta
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