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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: 201 30,500 30,500 2018 27,500 30,500 2019 Total 26,100 84,100 23,100 84,100 Units sold Units produced Fixed production costs Variable production costs per unit Selling price per unit $30,164,500 $30,164,500 $30,164,500 $1,020 $2,551 Fixed selling and administrative expense$377,900 $377,900 $377,900 1,020 $2,551 $1,020 $2,551

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