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Moniqueline Industries manufacturers a single product. Moniqueline Industries has reported the following annual cost information: Normal Production/Sales Level Sales Price per Unit Direct Materials per
Moniqueline Industries manufacturers a single product. Moniqueline Industries has reported the following annual cost information: Normal Production/Sales Level Sales Price per Unit Direct Materials per Unit Direct Labor per Unit Variable Overhead per Unit Total Fixed Overhead 73,000 units $ 57.30 per unit $ 10.30 per unit $ 7.80 per unit $ 12.30 per unit $1,160,700 in total For Moniqueline Industries, please complete the following table using absorption costing. (Make sure to round cost per unit answers to 2 decimal place.) Moniqueline Industries is doing business as Jacquie Incorporated. Production volume 73,000 units 106,000 units Cost of goods sold: Cost of goods sold per unit Number of units sold Total cost of goods sold Jacquie Inc. Income statement through gross margin Sales volume 73,000 units 73,000 units Jacque increases its production to 106,000 units, while sales remain at the current 3.000 level, by how much would the company's gross margin increase or decrease undet antion costina? Assume the company has idle capacity to double current Moniqueline Industries is doing business as Jacquie Incorporated Production volume 73,000 units 106,000 units Cost of goods sold: Cost of goods sold per unit Number of units sold Total cost of goods sold Jacquie Inc. Income statement through gross margin Sales volume 73,000 units 73,000 units Jacquie increases its production to 106,000 units, while sales remain at the current 73.000 unit level, by how much would the company's gross margin increase or decrease under absorption costing? Assume the company has idle capacity to double current production Number of units sold Change in fixed overhead cost per unit Change in cost of goods sold
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