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XYZ Inc. sells a single product for $10 per unit. Variable production costs are $5 per unit. Fixed overhead costs amount $10,000 per month. Variable
XYZ Inc. sells a single product for $10 per unit. Variable production costs are $5 per unit. Fixed overhead costs amount $10,000 per month. Variable selling costs are $2 per unit. Fixed selling costs are $5,000 per month. Last month, the company produced 10,000 units and sold 8,000 units.
What were XYZ's total selling costs incurred last period?
What was XYZ's net income last month?
What is XYZ's contribution margin per unit?
What were XYZ's total production costs incurred last period?
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