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Qc and Qd Abruzzo Industries began operations on January 1. The company sells a single product for 75 per unit. During the year, 9,000 units
Qc and Qd
Abruzzo Industries began operations on January 1. The company sells a single product for 75 per unit. During the year, 9,000 units were produced and 8,600 units were sold. There was no work-in-process inventory at December 31. - Abruzzo Industries' actual costs for the year were as follows: Fixed Costs 04 00 90,000 - Direct materials - Direct laboure -Manufacturing overhead -Selling and administrative- expenses Variable Costse 22.00 per unit produced 16.00 per unit produced 5.00 per unit produced L LL 50,000 3.00 per unit sold c) Compute Abruzzo Industries' profit under absorption-costing d) Compute Abruzzo Industries' profit under variable-costingStep by Step Solution
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