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In its first year of operations a company produced and sold 70,000 units of Product...

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Accounting

In its first year of operations a company produced and sold 70,000 units of Product A at a selling price of $20 per unit and 17,500 units of Product B at a selling price of $40 per unit. Additional information relating to the company's only two products is shown below:
\table[[,Product A,Product B,Total],[Direct materials,$436,300,$251,700,$688,000
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