FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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The net change in gross profit in 2022 due to quantity factor is:
Sales
Cost of sales
Gross margin
Unit selling price decreased by 20% in 2022.
2022
2021
416,000
400,000
351,000 300,000
65,000 100,000
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Transcribed Image Text:The net change in gross profit in 2022 due to quantity factor is: Sales Cost of sales Gross margin Unit selling price decreased by 20% in 2022. 2022 2021 416,000 400,000 351,000 300,000 65,000 100,000
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