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Transcribed image text: CVP Analysis Part 1 Turtleton Company produces computer chips for animated toys. Selected sales and expense information for the most recent month, with sales of 10,500 units, is given below. Variable selling and administrative expenses are $6 per unit. Total Sales Direct Materials Gross Profit Direct Labor Variable Manufacturing Overhead Fixed Manufacturing Overhead $2,050,000 310,000 850,000 840,000 70,000 30,000 320,000 Net Income Fixed Selling and Administrative Expenses 470,000 statement: Traditional Income Statement Total . . . . . . . . .