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Green Company manufactures and sells a very popular product among teens. Last month operation under absorption costing resulted in the following: $200,000 Sales (@$20)................ Cost

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Green Company manufactures and sells a very popular product among teens. Last month operation under absorption costing resulted in the following: $200,000 Sales (@$20)................ Cost of goods sold (10,000 units @14)............ Gross profit............. Selling and administrative expenses............... Net operating income........ 140,000 60,000 45,000 $15,000 C Variable selling and administrative expenses are $2 per unit. Variable manufacturing costs total $10 per unit and fixed manufacturing overhead costs total $48,000 per month. There was no beginning inventory. During the month the company produced 12,000 units. The total fixed expenses is, Select one: O a. $25,000 O b. $45,000 O c. $73,000 d. $48,000

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