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A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations:
Selling price
$89
Units in beginning inventory
0
Units produced
4,300
Units sold
4,000
Units in ending inventory
300
Variable costs per unit:
Direct materials
$13
Direct labor
$35
Variable manufacturing overhead
$1
Variable selling and administrative
$10
Fixed costs:
Fixed manufacturing overhead
$77,400
Fixed selling and administrative
$24,000
The total contribution margin for the month under variable costing is:
$160,000
$42,600
$120,000
$88,000
the net income reported on the income statement for the current year was 210000. depreciation recorded on equipment and
at the beginning of the current period griffey corp. had balances in accounts receivable of 200000 and in allowance for
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In 2013, Macy's reported cost of goods sold of $ 16.5 billion, ending inventory for 2013 of $ 5.3 billion, and ending inventory for the previous year (2012) of $ 5.1 billion. Required: If the cost of inventory purchases was $ 16.9 billion, what was t..
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