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A company makes a product that has a variable manufacturing cost of $4 per unit and fixed manufacturing costs of $50,000. The product sells for
A company makes a product that has a variable manufacturing cost of $4 per unit and fixed manufacturing costs of $50,000. The product sells for $10 per unit. Using variable and absorption costing, what is the profit from the product if 10,000 units are made, but only 8,000 units are sold?
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