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Reliance Corporation sold 4,800 units of its product at a price of $23 per unit....

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Accounting

Reliance Corporation sold 4,800 units of its product at a price of $23 per unit. Total variable cost per unit is $12.50, consisting of $12.00 in variable production cost and $0.50 in variable selling and administrative cost. Compute the contribution margin for the company.

Multiple Choice: $50,400 $60,000 $110,400 $57,600 $62,400

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