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Reliance Corporation sold 5,200 units of its product at a price of $27 per unit. Total variable cost per unit is $14.50, consisting of $13.80
Reliance Corporation sold 5,200 units of its product at a price of $27 per unit. Total variable cost per unit is $14.50, consisting of $13.80 in variable production cost and 0.70 in variable selling and administrative cost. Compute contribution margin for the company.
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