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Theele Corporation has the following information for May: May Units produced 10,000 Units sold 8,500 Production costs per unit (based on 10,000 units) are as

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Theele Corporation has the following information for May: May Units produced 10,000 Units sold 8,500 Production costs per unit (based on 10,000 units) are as follows: Direct materials $13 Direct labour 9 Variable factory overhead 7 Fixed factory overhead 5 Variable selling and administrative expenses 10 Fixed selling and administrative expenses 4

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