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A Business Operated at 100% of Capacity During Its First

Question 94

Multiple Choice

A business operated at 100% of capacity during its first month and incurred the following costs: A business operated at 100% of capacity during its first month and incurred the following costs: If 1,000 units remain unsold at the end of the month and sales total $150,000 for the month, the amount of manufacturing margin that would be reported on the absorption costing income statement is A) $50,000 B) $54,000 C) not reported D) $70,000 If 1,000 units remain unsold at the end of the month and sales total $150,000 for the month, the amount of manufacturing margin that would be reported on the absorption costing income statement is


A) $50,000
B) $54,000
C) not reported
D) $70,000

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