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Vegas Company has the following unit costs: Variable manufacturing overhead Direct materials Direct labor Fixed manufacturing overhead Variable marketing and administrative $ 40 35 34
Vegas Company has the following unit costs: Variable manufacturing overhead Direct materials Direct labor Fixed manufacturing overhead Variable marketing and administrative $ 40 35 34 17 12 Vegas produced and sold 14,500 units. If the product sells for $150, what is the gross margin? Multiple Choice $420,500 $174,000 $594,500 $348,000
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