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(Please show me the steps. Thanks) In 2017, X Company produced and sold 51,500 units. The following are 2017's revenues and total costs: Revenue $1,643,365
(Please show me the steps. Thanks)
In 2017, X Company produced and sold 51,500 units. The following are 2017's revenues and total costs:
Revenue | $1,643,365 | |
Direct materials | 262,135 | |
Direct labor [all variable] | 289,945 | |
Variable overhead | 242,050 | |
Fixed overhead | 152,955 | |
Variable selling and administrative | 261,620 | |
Fixed selling and administrative | 147,290 |
What was X Company's contribution margin per unit in 2017?
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