lers (2015- xex welcome Home MainrxVQCH2 Flashcards Quizlet X G?An income state u.edu/webapps/assessment/take/launchjsp?course assessment id-s00536...
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lers (2015- xex welcome Home MainrxVQCH2 Flashcards Quizlet X G?An income state u.edu/webapps/assessment/take/launchjsp?course assessment id-s00536 1&course_id 445464 18c QUESTION 9 The following information is Tor a product manufactured and sold by Garrido Corporation: Sales price per unit, $30 Variable cost per unit, $20 Total fixed costs, $200,000 Last year, Garrido earned a profit of $60,000. How many units were sold last year? 8,667 20,000 13,000 26,000 QUESTION 10 An income statement prepared using the contribution margin approach can be used by companies for public reporting shows net income as the difference between contribution margin and variable costs. classifies costs according to behavior cannot be relied upon by management because it is not in accordance with GAAP Click Save and Submit to save and submit, Cliok Save All Anstwers to save all answers
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