Question: Calculate Gross Margin using these production & sales numbers: Beginning inventory - 0 units Production - 50,000 units Sales - 44,000 units at $150 Variable

Calculate Gross Margin using these production & sales numbers: Beginning inventory - 0 units Production - 50,000 units Sales - 44,000 units at $150 Variable production cost per unit - $68 Fixed production costs (total) - $30,000

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