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8. 50) Magliacane Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed

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8. 50) Magliacane Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes. Variable Element per Fixed Element per Month Revenue Employee salaries and wages Travel expenses Other expenses Customer Served S 4,300 S 1,200 S 700 S 58,100 31,900

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