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Muppet Labs produces a single product. They provide the following summary of their most recent month of operations in which they produced a number of

Muppet Labs produces a single product. They provide the following summary of their most recent month of operations in which they produced a number of units equal to their budgeted production Selling price: $135 Units in Beginning Inventory: Units Produced: Units Sold: 0 6400 6200 Variable cost per unit: Direct Materials Direct Labour Variable MOH Variable Selling & Admin. $52 $36 $8 $9

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