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Problem 5-3 (Part Level Submission) Vermillion BBQ produces stainless steel propane gas grills. The company has been in operation for 3 years, and sales have

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Problem 5-3 (Part Level Submission) Vermillion BBQ produces stainless steel propane gas grills. The company has been in operation for 3 years, and sales have declined each year due to increased competition. The following information is available: 30,500 30,500 2017 2018 2019 Total 26,100 84,100 23,100 84,100 27,500 30,500 Units sold Units produced Fixed production costs Variable production costs per unit Selling price per unit Fixed selling and administrative expense $30,164,500 $30,164,500 $30,164,500 $1,020 $2,551 $1,020 $2,551 $1,020 $2,551 t $377,900 $377,900 $377,900

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