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Use the following information for questions 1 to 4 Jean Peck's Furniture's manufactures tables for hospitality sector. It takes only bulk orders and each table

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Use the following information for questions 1 to 4 Jean Peck's Furniture's manufactures tables for hospitality sector. It takes only bulk orders and each table is sold for $300 after negotiations. On January 1, there is no beginning inventory. In the month of January, the expected and actual number of tables manufactured is 3,000 while it sells 2,250 tables. Actual fixed costs are the same as the amount fixed costs budgeted for the month. The following information is provided for the month of January: Variable manufacturing costs Fixed manufacturing costs Fixed Administrative expenses $120 per unit $90,000 per month $25,000 per month At the end of the month Jean Peck's Furniture's has an ending inventory of finished goods of 750 units. The company also incurs a sales commission of $10 per unit. 1. What is the cost of goods sold per unit when using absorption normal costing? 2. What is the total gross margin when using absorption normal costing? 3. What is the operating income when using absorption normal costing? 4. What is the operating income when using variable costing

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