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ABC Company has provided the following cost data for last year when 100,000 units were produced and sold. The costs were as follows: Raw materials

ABC Company has provided the following cost data for last year when 100,000 units were produced and sold. The costs were as follows: Raw materials $5.00 Direct labor $0.50 Variable manufacturing overhead Fixed manufacturing overhead Variable Selling & Administrative Expense Fixed Selling & Administrative Expense What is the contribution margin per unit? $60,000 $140,000 $50,000 $160,000 Assume there are no beginning or ending inventories, and the selling price is $15 per unit $5.50 $8.40 $6.60 $7.50 per unit per unit
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ABC Company has provided the following cost data for last year when 100,000 units were produced and sold. The costs were as follows: Assume there are no beginning or ending inventories, and the selling price is $15 per unit What is the contribution margin per unit? $5.50 $8.40 $6.60 $7.50 Which of the following represents the correct order for preparing the indicated budget documents for a manufacturing company? Production budget, sales budget, direct materials budget, direct labor budget Sales budget, cash budget, direct materials budget, direct labor budget Sales budget, cash budget, production budget, direct materials budget Production budget, direct labor budget, direct materials budget, cash budget

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