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Travis Company reports the following for its single product. Travis produced and sold 37,000 units this year. Variable selling and administrative expenses $7 per unit

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Travis Company reports the following for its single product. Travis produced and sold 37,000 units this year. Variable selling and administrative expenses $7 per unit Fixed selling and administrative expenses $212,600 per year Sales price $197 per unit Compute contribution margin for the company under variable costing. $2,368,000 $2,627,000 $7,289,000 $5.317.000 $5,104,400

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