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Gig Harbor Boating is the wholesale distributor of a small recreational catamaran sailboat. Management has prepared the following summary data to use in its annual

Gig Harbor Boating is the wholesale distributor of a small recreational catamaran sailboat. Management has prepared the following summary data to use in its annual budgeting process:

Budgeted unit sales640

Selling price per unit $2,040

Cost per unit 1,370

Variable selling and administrative expense (per unit) $75

Fixed selling and administrative expense (per year)$300,000

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