ABC company reported the following: Revenues$17,000 Variable manufacturing costs$ 4000 Variable nonmanufacturing...
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Accounting
ABC company reported the following:
Revenues$17,000
Variable manufacturing costs$ 4000
Variable nonmanufacturing costs$ 4600
Fixed manufacturing costs$ 3000
Fixed nonmanufacturing costs$ 280
Required:
a.Compute gross margin.
b.Compute operating income.
ABC company reported the following:
Revenues$17,000
Variable manufacturing costs$ 4000
Variable nonmanufacturing costs$ 4600
Fixed manufacturing costs$ 3000
Fixed nonmanufacturing costs$ 280
Required:
a.Compute gross margin.
b.Compute operating income.
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