Question: Aces Incorporated, a manufacturer of tennis rackets, began operations this year. The company produced 5,500 rackets and sold 4,400. Each racket was sold at a

Aces Incorporated, a manufacturer of tennis rackets, began operations this year. The company produced 5,500 rackets and sold 4,400. Each racket was sold at a price of $85. Fixed overhead costs are $68,750 for the year, and fixed selling and administrative costs are $64,700 for the year. The company also reports the following per unit variable costs for the year

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