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In 2019, Bran Sherry Inc. sold 50,000 units at a selling price of $35 per unit. The company manufactured 60,000 units. Variable manufacturing costs were
In 2019, Bran Sherry Inc. sold 50,000 units at a selling price of $35 per unit. The company manufactured 60,000 units. Variable manufacturing costs were $14 per unit manufactured. Fixed manufacturing costs amounted to $300,000. Variable marketing costs were $10 per unit sold, and the budgeted and actual fixed marketing costs were $40,000. Other fixed operating expenses amounted to $20,000. There was no beginning inventory. Required a) Calculate the company's 2019 income from operations using absorption costing. urricing Chapter 6 b) Calculate the company's 2019 income from operations using variable cos
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