Last year Quest Company incurred the following costs: Direct materials Direct labor Manufacturing overhead Selling...
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Accounting
Last year Quest Company incurred the following costs: Direct materials Direct labor Manufacturing overhead Selling expenses Administrative expenses $40,000 60,000 90,000 24,000 22,000 Quest produced and sold 2,000 units at a sales price of $125 each. Assume that beginning and ending inventories of materials, work in process, and finished goods were zero Gross margin per-unit was? $125 $7 $95 $30
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