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Question 1: Chance Inc. sold 3800 units of its product at a price of $112 per unit. Total variable cost per unit is $83, consisting of $57 in variable production cost and $26 in variable selling and administrative cost. Compute the manufacturing margin for the company under variable costing.
Option a. $216,600
Option b. 315,400
Option c. 209,000
Option d. 425,600
Option e. ($205,200)
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