The following information relates to Markley Mattresses for fiscal year 2020, the company's first year...
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Accounting
The following information relates to Markley Mattresses for fiscal year 2020, the company's first year of operations: Units produced Units sold 20,000 17,000 Selling price per unit $30 Direct material per unit Direct labor per unit $5 $5 Variable manufacturing overhead per unit $2 Variable selling cost per unit $3 Annual fixed manufacturing overhead $160,000 Annual fixed selling and administrative expense $81,000 O $39,000 Compute Markley's net statement using full costing. $15,000
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