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Martin Company currently produces and sells 37,000 units of product at a selling price of $15. The product has variable costs of $7 per unit

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Martin Company currently produces and sells 37,000 units of product at a selling price of $15. The product has variable costs of $7 per unit and fixed costs of $47,000. The company currently earns a total contribution margin of: Multiple Choice $376,000 $282,000 $296,000 $329,000

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