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(3) Consider the following sales and cost data for Van Buren Company. The total sales and cost information is based on the sale of 20,000
(3) Consider the following sales and cost data for Van Buren Company. The total sales and cost information is based on the sale of 20,000 units.
Total Per Unit
Sales $570,000 $28.50
Variable costs $387,600 $19.38
Fixed costs $140,000
Please compute the total contribution margin, contribution margin ratio, and unit contribution margin for this company.
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