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The following information pertains to a manufacturing company for last year: table [ [ Planned production, 7 2 , 0 0 0 units ]

The following information pertains to a manufacturing company for last year:
\table[[Planned production,72,000 units],[Actual production and sales,70,000 units],[Selling price,$40 per unit],[Variable manufacturing cost,$8 per unit],[Fixed manufacturing cost,$315,000
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