The following information relates to Clyde Corporation, which produced and sold 100,000 units last month....
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The following information relates to Clyde Corporation, which produced and sold 100,000 units last month. Sales $1,000,000 Manufacturing costs: Fixed $210,000 Variable $200,000 Selling and admin. Expenses: Fixed $300,000 Variable $50,000 There was no beginning or ending inventories. Production and sales next month are expected to be 40,000 units. In the next month, what should the company's unit contribution margin be? Select one: O a. $7.50 O b. $16.63 O c. $3.10 O d. $7.98
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