Business, 12.02.2020 01:53 kekejones6321

Data regarding Year 1 operations for a manufacturer that had no beginning or ending inventories are as follows: Sales (150,000 units) US $9,000,000 Variable costs US $4,050,000 Fixed costs US $1,520,640 Income tax rate 40% Question: 4 The manufacturer has US $450,000 of variable selling expenses and US $920,640 of fixed administrative expenses. What is the gross margin for Year 1 if all remaining costs are attributable to manufacturing?

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