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Question - Given
Month Total Units Produced Total Cost
January 10,000 $28,000
February 12,600 $30,080
March 13,400 $30,720
April 11,500 $28,720
Use the high-low point method to determine variable cost per unit:
$0.60 per unit.
$0.80 per unit.
$1.00 per unit.
$1.20 per unit.
Prepare Simmons's entries related to Armstrong's net income and dividends, assuming Simmons now owns 10% of Armstrong's stock
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Journalize the entries to record the foregoing transactions. If an amount box does not require an entry, leave it blank
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