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Problem 15-38 & 15-39 (Static) (LO 15-2)
[The following information applies to the questions displayed below.]
Oxford Company has two divisions. Thames Division, which has an investment base of $80,000,000,
produces and sells 900,000 units of a product at a market price of $140 per unit. Its variable costs total
$40 per unit. The division also charges each unit $70 of fixed costs based on a capacity of 1,000,000