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Procter & Gamble USA has fixed costs of $20,000,000 and variable costs of $55 per unit. If Procter & Gamble USA produces 400,000 units, calculate

Procter & Gamble USA has fixed costs of $20,000,000 and variable costs of $55 per unit. If Procter & Gamble USA produces 400,000 units, calculate the total cost and the cost per unit. Prepare a classified balance sheet as of December 31, 20X1.

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