Glover Headgear produces specialty logo baseball caps for a variety of customers.Selected cost data for Glover follows: direct materials cost $8,000;sales commissions,$9,000;depreciation on factory equipment,$21,000;factory labor,$16,000;factory lease,$24,000.If Glover sells 6,100 caps at an average price of $12 for each cap,what is the company's contribution margin?
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