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Required information Use the following information for the Exercise below. (Algo) [The following information applies to the questions displayed below.] Barnes Company reports the following

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Required information Use the following information for the Exercise below. (Algo) [The following information applies to the questions displayed below.] Barnes Company reports the following for its product for its first year of operations. Exercise 19-5 (Algo) Computing gross profit at different production levels LO P2 The company sells its product for $165 per unit. Compute gross profit using absorption costing assuming the company (a) prod. and sells 2,000 units and (b) produces 2,200 units and sells 2,000 units

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