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Pluto Pharmaceuticals Sales price: $35.00 per unit Variable manufacturing cost: $18.00 per unit Fixed manufacturing cost: $9,000 total Fixed selling and administrative cost: $2,500 total

  1. Pluto Pharmaceuticals
    • Sales price: $35.00 per unit
    • Variable manufacturing cost: $18.00 per unit
    • Fixed manufacturing cost: $9,000 total
    • Fixed selling and administrative cost: $2,500 total
    • Planned production and sales: 6,000 units
    • Actual production and sales: 6,300 units
    • Required:
      1. Calculate the contribution margin per unit.
      2. Prepare the income statement in a flexible budget format.

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