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A Business Operated at 100% of Capacity During Its First

Question 42

Multiple Choice

A business operated at 100% of capacity during its first month, with the following results: A business operated at 100% of capacity during its first month, with the following results: What is the amount of the gross profit that would be reported on the absorption costing income statement? A) $21,000 B) $18,900 C) $27,900 D) $18,000 What is the amount of the gross profit that would be reported on the absorption costing income statement?


A) $21,000
B) $18,900
C) $27,900
D) $18,000

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