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Calculate the amount of contribution margin

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Reference no: EM131579742

Problem - XYZ Company reported the following information:

                     April                        May

Cost A            $18,000                   $0.34 per unit

Cost B            $20,500                   $28,700  

Cost C            $17,500                   $0.25 per unit

Units sold        50,000 units             70,000 units

Assume XYZ Company expects to sell 64,000 units in June at a selling price of $1.60 per unit.

Calculate the amount of contribution margin XYZ Company would expect to earn in June. Do not use decimals in your answer.

Reference no: EM131579742

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