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During its first year of operation Mazer Manufacturing Company produced 2,000 units of inventory and sold 1,800 units. Mazer incurred variable product cost of $4
During its first year of operation Mazer Manufacturing Company produced 2,000 units of inventory and sold 1,800 units. Mazer incurred variable product cost of $4 per unit and $2,500 of fixed manufacturing overhead costs. The sales price of the products was $6 per unit. Determine the amount of gross margin Mazer would report if the company uses absorption costing Multiple Choice $2,250. $2,000. $1,350. $1,500
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