Company O produced 300 units in 2021 and sold 280 units at $40 each. Other...
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Company O produced 300 units in 2021 and sold 280 units at $40 each. Other information for Company O is as follows: Direct Materials $5/unit Variable Selling and Administrative $1.50/unit Direct Labor $10/unit Fixed Overhead $600 Variable Overhead $3/unit Fixed Selling and Administrative $400 What is Company O's Contribution Margin? A. $5,740 B. $5,040 C. $5,600 D. $6,160
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