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    Managerial Accounting Study Set 17
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    Exam 4: Activity-Based Costing and Cost Management
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    The Gross Margin Is Calculated by Subtracting Total Nonmanufacturing Cost
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The Gross Margin Is Calculated by Subtracting Total Nonmanufacturing Cost

Question 33

Question 33

True/False

The gross margin is calculated by subtracting total nonmanufacturing cost per unit from the unit sales price.The gross margin is calculated by subtracting the total manufacturing cost per unit from the unit sales price.

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