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A package of chips has selling price for $100. Additional information is as follows: direct material $12, fixed factory overhead $14; Royally payments $10,

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A package of chips has selling price for $100. Additional information is as follows: direct material $12, fixed factory overhead $14; Royally payments $10, direct labour $8, administrative overhead (fixed) $6. What is the contribution for each chip? O $50 O $70 O $60 O $80 9 10 11 12 13 14 15 16 17 18 [5]

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