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Patterson Electronics, a division of Batton Corporation, manufactures two large-screen television models: the Mammoth, which has been produced since 2016 and sells for $975,
Patterson Electronics, a division of Batton Corporation, manufactures two large-screen television models: the Mammoth, which has been produced since 2016 and sells for $975, and the Maximum, a newer model introduced in early 2018 that sells for $1,304. i (Click the icon to view additional information.) Requirement 1. Using activity-based costing, calculate the gross margin per unit of the Maximum and Mammoth models. Begin by calculating the total cost of goods sold for each model. (Round intermediary calculations to the nearest cent.) Patterson's controller, Sonny Jamison, is advocating the use of activity-based costing and activity-based management and has gathered information about the company's manufacturing overhead costs for the year ended November 30, 2020. After completing his analysis, Jamison shows the results to Charlie Cooper, the Patterson division president. (Click the icon to view the ABC data.) (Click the icon to view Cooper's response.) Read the requirements.
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