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please explain how to calculate the missing values 1. The Morton Company recorded the following transactions for February 20xl: Sales were $60,000, with sales prices

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1. The Morton Company recorded the following transactions for February 20xl: Sales were $60,000, with sales prices determined by adding a 40% markup to the firm's cost of goods sold. The total cost of direct materials used, direct labor, and manufacturing overhead during the month was $285,000

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