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Pharoah Industries carries no inventories. Its product is manufactured only when a customer's order is received. It is then shipped immediately after it is made.
Pharoah Industries carries no inventories. Its product is manufactured only when a customer's order is received. It is then shipped immediately after it is made. For its fiscal year ended October 31, 2020. Pharoah's break-even point was $1.38 million. On sales of $119 million, its income statement showed a gross profit of $178.800, direct materials cost of $405.000, and direct labor costs of $503,000. The contribution margin was $142,800, and variable manufacturing overhead was $51,000. (a) Your answer is partially correct Calculate the following 1 Variable selling and administrative expenses. $ 88200 2 Fixed manufacturing overhead. A 3. Fixed selling and administrative expenses. $
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