Calculate gross profit under absorption costing

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Reference no: EM132567232

Seattle Enterprises produces packaged fresh meals that sell for $10 each. During the current month, Seattle produced 2,800 meals, but only sold 2,700 meals. The variable cost per meal was $6 and the sales commissions per meal were $1. Total fixed manufacturing costs were $1,400 and total fixed marketing and administrative costs were $1,200. and calculate

Question 1- gross profit under absorption costing

Question 2- cost per unit under absorption costing

Reference no: EM132567232

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