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Metro Company reports the following information for March: (Click the icon to view the data.) Read the requirements. Part 1 of 2 Points: 0
Metro Company reports the following information for March: (Click the icon to view the data.) Read the requirements. Part 1 of 2 Points: 0 of 3 Requirements Requirement 1. Calculate the gross profit and operating income for March using absorption costing. Metro Company Income Statement (Absorption Costing) For the Month Ended March 31 1. Calculate the gross profit and operating income for March using absorption costing. 2. Calculate the contribution margin and operating income for March using variable costing. Data table - X Operating Income Net Sales Revenue $ 64,250 Variable Cost of Goods Sold 24,500 Fixed Cost of Goods Sold 11,300 Variable Selling and Administrative Costs 12,250 Fixed Selling and Administrative Costs 4,600 Print Done -
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