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Assume the following information for a company that produced 10,000 units and sold 9,000 units during its first year of operations: Selling price Direct
Assume the following information for a company that produced 10,000 units and sold 9,000 units during its first year of operations: Selling price Direct materials Direct labor Variable manufacturing overhead Sales commission 19 Fixed manufacturing overhead Per Unit Per Year $200 $ 73 $ 50 $ 11 $ 8 $300,000 Using variable costing, what is the company's contribution margin? Multiple Choice $594,000 $396,000
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