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The managerial accountant at Orbit Distribution Company reported that the Transportation Division transports 110 barrels of crude oil at $1 per barrel.The Refining Division's reported the variable cost is $7 per barrel to refine 110 barrels of crude oil and produce 50 barrels of gasoline.
Required
Compute the variable cost of the Transportation Division to transport crude oil and the cost to the Refining Division to refine the crude oil and produce the gasoline.What are the total variable costs? Show all work.
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