Question

Chance, Inc. sold 3,000 units of its product at a price of $72 per unit. Total variable cost per unit is $51, consisting of $32 in variable production cost and $19 in variable selling and administrative cost. Compute the manufacturing margin for the company under variable costing.
A. $96,000
B. $63,000
C. $120,000
D. $216,000
E. ($90,000)

Answer

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