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Oregon Company provided the following information regarding its only product--ice skates.
Direct materials used $500,000
Direct labor 180,000
Fixed overhead 100,000
Fixed selling and administrative costs 150,000
Variable overhead 120,000
Variable selling and administrative 60,000
Selling unit price 75
Units produced and sold 10,000
_____ is the total manufacturing cost if the contribution approach is used.
a. $680,000
b. $800,000
c. $300,000
d. $620,000
Jun 10 2021 View more View Less
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