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Variable and Absorption Costing and the cost structure did not change. Scott uses the first - in , first - out inventory method and has

Variable and Absorption Costing and the cost structure did not change. Scott uses the first-in, first-out inventory method and has the following production and sales for Year 1 and Year 2
\table[[,Units Manufactured,Units Sold],[Year 1,120,000,90,000],[Year 2,120,000,130,000]]
a. Prepare gross profit computations for Year 1 and Year 2 using absorption costing. Do not use negative signs with your answers.
\table[[\table[[Absorption Costing],[Year 1]]],[Sales,$7,560,00,0x,$10,920,000,0x
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