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What the contribution margin that the company would disclose

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Reference no: EM132934558

Question - Callaway Corp., which began business at the start of the current year, had the following data:

Planned and actual production: 53,000 units

Sales: 58,000 units at $17 per unit

Production costs:

Variable: $4 per unit

Fixed: $318,000

Selling and administrative costs:

Variable: $2 per unit

Fixed: $46,000

Required - What the contribution margin that the company would disclose on a variable-costing income statement?

Reference no: EM132934558

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