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Chance, Inc. sold 4,400 units of its product at a price of $93.0 per unit. Total variable cost per unit is $68, consisting of $36.2
Chance, Inc. sold 4,400 units of its product at a price of $93.0 per unit. Total variable cost per unit is $68, consisting of $36.2 in variable production cost and $32 in variable selling and administrative cost. Compute the manufacturing margin for the company under variable costing.
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