Brush Industries Reports the Following Information for May: Calculate

question 123

Multiple Choice

Brush Industries reports the following information for May: Calculate the gross margin for May under absorption costing.

• A) $650,000
• B) $325,000
• C) $525,000
• D) $550,000
• E) $575,000

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Definitions:

Microphylls

Small, simple leaves with a single unbranched vein, found in some of the earliest vascular plants.

Megaphylls

Large leaves with a complex vein structure, typically found in most species of ferns and seed plants.

Heterospory

Production of two types of n spores, microspores (male) and megaspores (female). Compare with homospory.

Seeds

The reproductive units of flowering plants and some non-flowering plants, containing the embryo and nutrients for germination.