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Jerry Computers has the following data for year 2019:
Opening inventory: 0 UnitsSales: 8,000 UnitsProduction: 10,000 UnitsClosing inventory: 2,000 UnitsDirect materials: $240Direct labor: $280Variable manufacturing overhead expenses: $100Variable selling and administrative expenses: $40Fixed manufacturing overhead expenses: $1,200,000Fixed selling and administrative expenses: $800,000
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