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Last year, Clayton Company's variable production costs totalled 8,000 and its fixed manufacturing overhead costs totalled 4,800. The company produced 4,000 units during the year

Last year, Clayton Company's variable production costs totalled 8,000 and its fixed manufacturing overhead costs totalled 4,800. The company produced 4,000 units during the year and sold 3,600 units. Assuming no units in the beginning inventory

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