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Question: VanRye produces Dutch cheese blocks and shows the following information for the past year: Sales $ 36,000 Less: Variable costs $ 16,200 Contribution

Question: VanRye produces Dutch cheese blocks and shows the following information for the past year: Sales $ 36,000 Less: Variable costs $ 16,200 Contribution margin $ 19,800 Less: Fixed costs $ 16,610 Operating income $ 3,190 The company sold 360 blocks during the year. Required: Using cost-volume-profit analysis, answer the following questions.

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