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Given Aco has provided projected information as Net sales $10,000 Fixed manufacturing costs $1,000 Aco experiences variable manufacturing costs of 40% of net sales and

Given

Aco has provided projected information as

Net sales $10,000

Fixed manufacturing costs $1,000

Aco experiences variable manufacturing costs of 40% of net sales and sees no changes during the budget period. Aco expects that there will be no changes to any inventory values.

Determine

  1. Budgeted cost of goods sold
  2. budgeted gross profit

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