Cycle Business manufactures and sells road and mountain bikes through a network of retail outlets in western Canada. Below is a partial list of expense items incurred in the most recent month (November), when 1,150 bicycles were manufactured, shipped, and sold. There was no beginning or ending work in process or finished goods inventory in November October Item Units produced and sold Sales 1,050 1,150 Leather used for the bicycle seats Production managers salary Life insurance for the company president Electricity used in the production facilities Sales commissions Internet advertising Employee benefits for the production workers Property taxes on the
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