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Business, 24.03.2020 05:20 joseenrique02

Winter Company has no beginning and ending inventories, and reports the following data about its only product: Direct materials used $200,000 Direct labor $80,000 Fixed indirect manufacturing $100,000 Fixed selling and administrative $300,000 Variable indirect manufacturing $20,000 Variable selling and administrative $60,000 Selling price(per unit) $150 Units produced and sold 10,000 Winter Company uses the absorption approach to prepare the income statement. What is the gross margin

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