XYZ Corporation manufactures two products, Product X and Product Y. Product X has a contribution margin ratio
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Question:
XYZ Corporation manufactures two products, Product X and Product Y. Product X has a contribution margin ratio of 30%, while Product Y has a contribution margin ratio of 50%. If the company's total sales revenue is $200,000 and the total sales mix is 2:3 (Product X to Product Y), what is the total variable cost?
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