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Larry's Incorporated sells 1 5 , 0 0 0 school bags at a selling price of $ 5 4 per unit. The variable cost of

Larry's Incorporated sells

15, 000

school bags at a selling price of $

54

per unit. The variable cost of producing one bag is $

41

per unit. The fixed costs are $

373, 000

over the relevant range.

What is the total contribution margin?

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