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The following information was drawn from the accounting records of Ashton Company Budgeted Actual Sales...

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Accounting

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The following information was drawn from the accounting records of Ashton Company Budgeted Actual Sales 5,000 6,000 Cost of Goods Sold (3,000) (3,600) Gross Margin 2,000 2400 Variable Cost (1,000) (1,200) Fixed Cost (500) (400) Net Income 500 800 Based on this information Ashton Company has a

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