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Lynch Company manufactures and sells a single product. The following costs were incurred during the company's first year of operations: Variable costs per unit Manufacturing

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Lynch Company manufactures and sells a single product. The following costs were incurred during the company's first year of operations: Variable costs per unit Manufacturing 15 Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year i Fixed manufacturing overhead Fixed selling and administrative expenses $286,000 $196,000

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