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Mendicino Company currently produces and sells 20,000 units of product at a selling price of...

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Accounting

  1. Mendicino Company currently produces and sells 20,000 units of product at a selling price of $10. The product has variable costs of $4 per unit and fixed costs of $50,000. The company currently earns a total contribution margin of
  2. a.$ 50,000
  3. b.$ 70,000
  4. c.$120,000
  5. d.$200,000

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