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Harris Corporation produces a single product. Last year, Harris manufactured 17,000 units and sold 13,000 units. Production costs for the year were as follows: Sales were $780,000 for the year, variable selling and administrative expenses were $88,400, and fixed selling and administrative expenses were $170,000. There was no beginning inventory. Assume that direct labor is a variable cost. The contribution margin per unit was:
Mobilization
The process of assembling, organizing, and deploying resources, including people and infrastructure, for a specific purpose or action.
Ethnic Minorities
Demographic groups that are smaller in numbers within a larger community, nation, or region, often differing in culture, language, or religion from the majority.
Value-Added Theory
A theory in sociology that explains social movements' emergence based on the concept that certain conditions must exist in society for collective behavior to lead to a social movement.
Aboriginal Peoples
Indigenous populations native to a land prior to colonization or the formation of nation states, particularly in Australia, Canada, and other parts.
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