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Moffett Company reports the following information for March: (Click the icon to view the data.) Read the requirements. Requirement 1. Calculate the gross profit and
Moffett Company reports the following information for March: (Click the icon to view the data.) Read the requirements. Requirement 1. Calculate the gross profit and operating income for March using absorption costing. Moffett Company Income Statement (Absorption Costing) For the Month Ended March 31 Data Table $ 82,450 19,300 Net Sales Revenue Variable Cost of Goods Sold Fixed Cost of Goods Sold Variable Selling and Administrative Costs Fixed Selling and Administrative Costs 13,500 11,500 5,800 Print Done Operating Income
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