Given the following data, calculate the gross margin and the net income. Revenue = $3,000,000 Direct labor
Question:
Given the following data, calculate the gross margin and the net income.
Revenue = $3,000,000
Direct labor = $700,000
Direct material = $900,000
Factory overhead = $700,000
General and administrative expense = $300,000
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Revenue 3000000 Direct labor 700000 Direct material 9000...View the full answer
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Related Book For
Introduction To Materials Management
ISBN: 978-9386873248
8th edition
Authors: Arnold J. R. Tony, Gatewood Ann K., M. Clive Lloyd N. Chapman Stephen
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