Gambarini Corporation is a wholesaler that sells a single product. Management has provided the following...
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Accounting
Gambarini Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $218.90 per unit. Sales volume (units) 6,000 7,050 Cost of sales $474,000 $556,950 Selling and administrative costs $612,800 $641,150 The best estimate of the total monthly fixed cost is: $1,132,760 $450,800 $1,086,800 $1,198,100
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