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XYZ financial results for 2018 and 2019 are the following:
2019 2018
Units produced and sold 225,000 210,000
Selling price per unit $6.80 $6.50
Direct materials used in pounds 670,000 630,000
Direct material cost per pound $1.30 $1.40
Problem 1: For 2019, the revenue effect of growth is:
Problem 2: For 2019, the cost effect of growth is:
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