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Direct materials $40,000 Direct labor 60,000 Manufacturing overhead 90,000 Selling expenses 24,000 Administrative expenses 22.000 Quest produced and sold 2.000 units at a sales price

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Direct materials $40,000 Direct labor 60,000 Manufacturing overhead 90,000 Selling expenses 24,000 Administrative expenses 22.000 Quest produced and sold 2.000 units at a sales price of $125 each Assume that beginning and ending inventories of materials, work in process, and finished goods were zero Gross margin per unit was

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