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TB MC Qu. 8-65 (Algo) A manufacturing company that... A manufacturing company that produces a single product has provided the following data concerning its
TB MC Qu. 8-65 (Algo) A manufacturing company that... A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense The total gross margin for the month under absorption costing is: $ 139 0 2,990 2,760 230 $ 50 $ 15 $ 12 $ 9 $107,640 $24,840
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