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production fociltes During its first year of operations, Silverman Company paid $10,285 for direct materials and amounted to $8,800 while general, f $9,800 for production
production fociltes During its first year of operations, Silverman Company paid $10,285 for direct materials and amounted to $8,800 while general, f $9,800 for production workers' wages. Lease payments and utilities on the seling, and administrative expenses totaled $4,300. The company produced 5.450 units and soid 3,300 units at a price of $7.80 a unit Whot is the amount of gross margin for the first year? (Do not round intermediate calculations O $5.685 O $28240 ? $11395 O $8.250
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