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Kemp Clown Company (KCC), a manufacturer of latex theatrical masks, began operations on January 1, 2019. Its cost and sales information for this year follows.Assume

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"Kemp Clown Company (KCC), a manufacturer of latex theatrical masks, began operations on January 1, 2019. Its cost and sales information for this year follows.Assume KCC uses absorption costing to prepare its Income Statement. Determine the total operating costs for the year." Manufacturing costs Direct materials $10 per unit Direct labor $20 per unit Overhead costs Variable $5 per unit $1,000,000 (per year) Fixed Selling and administrative costs for the year Variable $4,350,000 $5,300,000 Fixed Production and sales for the year Units produced Units sold Sales price per unit 400,000 units 390,000 units $65 per unit Save and Submit to save and submit. Click Save All Answers to save all answers

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