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The president of Normolle Mfg. Co. which manufactures only one product, requests an analysis of the causes of the change in gross profit. An investigation

image text in transcribed The president of Normolle Mfg. Co. which manufactures only one product, requests an analysis of the causes of the change in gross profit. An investigation reveals the following: 2020 REQUIRED: 1. A detailed analysis of the causes for the change in gross profit graphically. The Shelle-Macke Mining Co. mines Slomac, a commonly used mineral. For the years 2019 and 2020, the company's comparative report of operations showed: REQUIRED: 1. A detailed analysis of the causes for the change in gross profit graphically. On Jan. 1, 2020, the selling price was increased by 371/2%

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