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Stevan works in the accounting department of a local footwear manufacturer that specializes in clogs and boots. Clogs and boots typically sell for $ 1
Stevan works in the accounting department of a local footwear manufacturer that specializes in clogs and boots. Clogs and boots typically sell for $
and $
per pair, respectively. Based on past experience, fashion trends, and seasonal shifts, the company
expected to sell
pairs of clogs and
pairs of boots. The variable cost per pair was $
for clogs and $
for boots. At the end of the year, Edward evaluated the company's sales and contribution margin amounts against the budget. Actual results for
the year were as follows.
Actual sales volume: clogs,
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