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Last Year, Buckner & Jones Company Incurred the Following Costs

Question 122

Multiple Choice

Last year, Buckner & Jones Company incurred the following costs:
Last year, Buckner & Jones Company incurred the following costs: Buckner & Jones produced and sold 2,060 units at a sales price of $131.25 each.Assume that beginning and ending inventories of materials, work in process, and finished goods were zero.What was the gross margin per unit? (Note: Round your answer to two decimal places.) A) $125.25 B) $7.56 C) $95.50 D) $34.41 Buckner & Jones produced and sold 2,060 units at a sales price of $131.25 each.Assume that beginning and ending inventories of materials, work in process, and finished goods were zero.What was the gross margin per unit? (Note: Round your answer to two decimal places.)


A) $125.25
B) $7.56
C) $95.50
D) $34.41

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