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Chance, Inc. sold 4,600 units of its product at a price of $96.0 per unit. Total variable cost per unit is $70, consisting of $36.8
Chance, Inc. sold 4,600 units of its product at a price of $96.0 per unit. Total variable cost per unit is $70, consisting of $36.8 in variable production cost and $33 in variable selling and administrative cost. Compute the manufacturing margin for the company under variable costing.
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