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Butteco Corporation has provided the following cost data for last year when 100,000 units were produced and sold: All costs are variable except for $100,000
Butteco Corporation has provided the following cost data for last year when 100,000 units were produced and sold: All costs are variable except for $100,000 of manufacturing overhead and $100,000 of selling and administrative expense. There are no beginning or ending inventories. If the selling price is $10 per unit, the net operating income from producing and selling 110,000 units would be: A. $450,000 B. $385,000 C. $405,000 D. $560,000 The following information relates to Clyde Corporation which produced and sold 50,000 units last month. There were no beginning or ending inventories. Production and sales next month are expected to be 40,000 units. The company's unit contribution margin next month should be: A. $16.63 B. $3.10 C. $7.98 D. $13.30 Mancuso Corporation has provided its contribution format income statement for January. The company produces and sells a single product. If the company sells 3, 100 units, its total contribution margin should be closest to: A. $27, 045 B. $181,000 C. $162, 400 D. $173, 600
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