Cheboygan company has the following unit costscheboygan

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Cheboygan Company has the following unit costs:

  Variable manufacturing overhead $ 30
  Direct materials
25
  Direct labor
24
  Fixed manufacturing overhead
17
  Variable marketing and administrative
12

Cheboygan produced and sold 9,000 units. If the product sells for $150, what is the gross margin?

Reference no: EM13590132

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