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abc manufacturing company sells each of its tractors at $20,000 directly to the retailers. abc...

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Accounting

ABC manufacturing company sells each of its tractors at $20,000 directly to the retailers. ABC pays each of its ten salespersons $60,000 per year. Each salesperson also receives a 5% commission for every tractor sold. The direct labor and material cost $ 8,500. What is the net profit (i.e. net contribution or CTM) to the company, if they sell 1,000 tractors

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