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Item3 20 points eBookReferencesCheck my workCheck My Work button is now enabledItem 3 Loretto Audio produced and sold 750 units of the companys signature (and
Item3 20 points eBookReferencesCheck my workCheck My Work button is now enabledItem 3 Loretto Audio produced and sold 750 units of the companys signature (and only) product in November. You have collected the following information from the accounting records: Sales price (per unit) $ 695 Manufacturing costs: Fixed overhead (for the month) 62,250 Direct labor (per unit) 44 Direct materials (per unit) 137 Variable overhead (per unit) 86 Marketing and administrative costs: Fixed costs (for the month) 83,250 Variable costs (per unit) 17 Required: a. Compute the following
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