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Mario's Focds produces frozen meals, which is sells for $10 each. The company uses the Fifo inventory costing method, and it computes a new monthly

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Mario's Focds produces frozen meals, which is sells for $10 each. The company uses the Fifo inventory costing method, and it computes a new monthly flued manufacturing cherhead rase based on the actual number of meals produced that month. All costs and production levels are exactly as planned. The following data are from the company's first two monthis in business: [Click the icon to view the data.) Read the coovirements

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