Variable and Absorption Costing During its first year, Walnut, Inc., showed a $14 per-unit profit under absorption costing but would have reported a total profit $16,000 less under variable costing. If production exceeded sales by 1,000 units and an average contribution margin of 62.5% was maintained, what is the apparent: Fixed cost per unit? Sales price per unit? Variable cost per unit? Unit sales volume if total profit under absorption costing was $168,000?
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