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Hex Industries reports the following information for May: Sales Fixed cost of goods sold Variable cost of goods sold $ 935,000 107,000 257,000 107,000
Hex Industries reports the following information for May: Sales Fixed cost of goods sold Variable cost of goods sold $ 935,000 107,000 257,000 107,000 Fixed selling and administrative costs Variable selling and administrative costs Calculate the gross profit for May under absorption costing. 132,000 Multiple Choice $560,000 $603,000 $571,000 DO
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