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Vegas Company has the following unit costs: Variable manufacturing overhead $ 25 Direct materials 20 Direct labor 19 Fixed manufacturing overhead 12 Variable marketing and
Vegas Company has the following unit costs:
| Variable manufacturing overhead | $ | 25 | |
| Direct materials | 20 | ||
| Direct labor | 19 | ||
| Fixed manufacturing overhead | 12 | ||
| Variable marketing and administrative | 7 | ||
Vegas produced and sold 13,000 units. If the product sells for $100, what is the gross margin?
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ISE Managerial Accounting Creating Value In A Dynamic Business Environment
Authors: Ronald W. Hilton, David Platt
13th Edition
1265046794, 9781265046798
