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Cheboygan Company has the following unit costs: Variable manufacturing overhead $ 30 Direct materials 25 Direct labor 24 Fixed manufacturing overhead 17 Variable marketing and

Cheboygan Company has the following unit costs:

Variable manufacturing overhead $ 30
Direct materials 25
Direct labor 24
Fixed manufacturing overhead 17
Variable marketing and administrative 12

Cheboygan produced and sold 9,000 units. If the product sells for $150, what is the gross margin?

$639,000
$531,000
$486,000
$378,000

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