Question: Can you help me solve this general accounting question using the correct accounting procedures? Westfield Manufacturing reports the following cost data for its single product.

Can you help me solve this general accounting question using the correct accounting procedures?

Can you help me solve this general accounting
Westfield Manufacturing reports the following cost data for its single product. The company regularly sells 18,000 units of its product at a price of $75 per unit. Direct materials: $14.50 per unit Direct labor: $16.80 per unit Overhead costs for the year: Variable overhead: $4.20 per unit Fixed overhead per year: $54,000 Selling and administrative costs for the year: Variable: $3.30 per unit Fixed: $72,400 Normal production level (in units): 18,000 units Compute gross margin under absorption costing

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