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Kellogg's has a variable cost per unit of $15 and a fixed cost of $450,000. If Kellogg's produces 50,000 units, calculate the total cost and

Kellogg's has a variable cost per unit of $15 and a fixed cost of $450,000. If Kellogg's produces 50,000 units, calculate the total cost and the cost per unit. Prepare the balance sheet after the formation of the partnership.

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