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Vegas Company has the following unit costs: Variable manufacturing overhead $ 30 Direct materials 25 Direct labor 24 Fixed manufacturing overhead 17 Variable marketing and

Vegas Company has the following unit costs:

Variable manufacturing overhead $ 30
Direct materials 25
Direct labor 24
Fixed manufacturing overhead 17
Variable marketing and administrative 10

Vegas produced and sold 11,500 units. If the product sells for $115, what is the contribution margin?

Multiple Choice

  • $103,500

  • $218,500

  • $299,000

  • $414,000

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