Chance, Inc. sold 4,800 units of its product at a price of $162 per unit. Total variable cost per unit is $123, consisting of $86 in variable production cost and $37 in variable selling and administrative cost. Compute the manufacturing margin for the company under variable costing.
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Chance, Inc. sold 4,800 units of its product at a price of $162 per unit. Total variable cost per un...
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