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During Its first year of operation Mazer Manufacturing Company produced 11,000 units of Inventory and sold 2,700 units. Mazer Incurred variable product cost of $2.20
During Its first year of operation Mazer Manufacturing Company produced 11,000 units of Inventory and sold 2,700 units. Mazer Incurred variable product cost of $2.20 per unit and $15,730 of fixed manufacturing overhead costs. The sales price of the products was $11.00 per unit. Determine the amount of gross margin Mazer would report if the company uses absorption costing. (Do not round Intermediate calculations.) Multiple Choice O $3,861. O $11.000. O $19,899. O $10,500
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