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Aces Incorporated, a manufacturer of tennis rackets, began operations this year. The company produced 6,900 rackets and sold 5,800. Each racket was sold at a
Aces Incorporated, a manufacturer of tennis rackets, began operations this year. The company produced 6,900 rackets and sold 5,800. Each racket was sold at a price of $99. Fixed overhead costs are $95,910 for the year, and fixed selling and administrative costs are $66,100 for the year. The company also reports the following per unit variable costs for the year.
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