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Waterloo Storage Products makes a four-drawer plastic storage cabinet on casters meant for use in...

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Accounting

Waterloo Storage Products makes a four-drawer plastic storage cabinet on casters meant for use in garages and workshops. Each cabinet sells for $45. Data for last year's operations follow:
\table[[Units in beginning inventory,0],[Units produced,21,600],[Units sold,19,800],[Units in ending inventory,1,800],[,],[Variable costs per unit:,10],[Direct materials,12],[Direct labour,4],[Variable manufacturing overhead,6],[Variable selling and administrative,$
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