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Sheridan Inc. had sales of $ 2 , 2 4 0 , 0 0 0 for the first quarter of 2 0 2 2 (

Sheridan Inc. had sales of $2,240,000 for the first quarter of 2022(it sold 224,000 units). In making the sales, the company incurred the following costs and expenses.
\table[[,Variable,Fixed],[Cost of goods sold,$776,600,$483,000
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