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GrayCell is in their first year of operations. GrayCell budgeted $ 4 0 , 0 0 0 of fixed manufacturing overhead, which they allocated over
GrayCell is in their first year of operations. GrayCell budgeted $ of fixed manufacturing overhead, which they allocated over an activity base of units. They actually produced units, actually incurred $ in fixed manufacturing overhead, and actually sold Calculate the difference between absorption and variable income for GrayCell.
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