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Assume the number of units produced was 10,000 units and the number of units sold...

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Accounting

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Assume the number of units produced was 10,000 units and the number of units sold was 7,000 units. Calculations for you to make: 1. Calculate total product/manufacturing costs. 2. Calculate total manufacturing overhead. 3. Calculate unit product cost. 4. Calculate cost of goods sold. 5. Calculate gross profit. 6. Calculate net income. 7. Calculate the amount of inventory to be reported on the balance sheet

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