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Given Sales $100,000 $15,000 $55,000 Fixed manufacturing cost of goods sold Cost of goods sold Fixed selling and administrative expenses Variable manufacturing cost of goods

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Given Sales $100,000 $15,000 $55,000 Fixed manufacturing cost of goods sold Cost of goods sold Fixed selling and administrative expenses Variable manufacturing cost of goods sold Variable selling expenses $25,000 $40,000 $40,000 The gross profit is Select one: O $145,000 O $45,000 O -$10,000 O $75,000

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