Principles of Accounting Volume 2
Principles of Accounting Volume 2
19th Edition
ISBN: 9781947172609
Author: OpenStax
Publisher: OpenStax College
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Chance, Inc. sold 3,900 units of its product at a price of
$117 per unit. The total variable cost per unit is $87,
consisting of $59 in variable production costs and $28 in
variable selling and administrative cost.
Compute the manufacturing margin for the company
under variable costing.
a. $230,100
b. $339,300
c. $226,200
d. $456,300
e. ($222,300)
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Transcribed Image Text:Chance, Inc. sold 3,900 units of its product at a price of $117 per unit. The total variable cost per unit is $87, consisting of $59 in variable production costs and $28 in variable selling and administrative cost. Compute the manufacturing margin for the company under variable costing. a. $230,100 b. $339,300 c. $226,200 d. $456,300 e. ($222,300)
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