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A company reports the following information: Using the high-low method, the estimated variable cost per unit is: Multiple Choice $3.27. $6.09. $4.15. $5.30 Remy Corporation
A company reports the following information: Using the high-low method, the estimated variable cost per unit is: Multiple Choice $3.27. $6.09. $4.15. $5.30 Remy Corporation sold 5,500 units of its product at a price of $30 per unit. Total variable cost per unit is $16.00, consisting of $15.20 in variable cost of goods sold and $0.80 in variable selling and administrative cost. Compute the contribution margin for the company. Multiple Choice $77,000 $83,600 $165,000 $92,400 $88,000
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