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The Following Information for the Past Year for the Blaine

Question 43

Multiple Choice

The following information for the past year for the Blaine Corporation has been provided: The following information for the past year for the Blaine Corporation has been provided:   During the year, the company produced and sold 60,000 units of product at a selling price of $10.92 per unit. There was no beginning inventory of product at the beginning of the year. What is the contribution margin for the year? A) $278,200 B) $655,200 C) $463,200 D) $470,200 During the year, the company produced and sold 60,000 units of product at a selling price of $10.92 per unit. There was no beginning inventory of product at the beginning of the year.
What is the contribution margin for the year?


A) $278,200
B) $655,200
C) $463,200
D) $470,200

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