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The following variable production costs apply to goods made by Gibson Manufacturing Corporation: Item Materials Labor Cost per Unit $14.00 4.00 Variable overhead Total

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The following variable production costs apply to goods made by Gibson Manufacturing Corporation: Item Materials Labor Cost per Unit $14.00 4.00 Variable overhead Total 0.75 $18.75 Required Determine the total variable production cost, assuming that Gibson makes 10,000, 20,000, or 30,000 units. Units Produced 10,000 20,000 Total variable cost 30,000

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