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12. Elk Corp. has sales of $480,000, a contribution margin ratio of 40%, and a target profit of $120,000. If 10,000 units were sold, what
12.
Elk Corp. has sales of $480,000, a contribution margin ratio of 40%, and a target profit of $120,000. If 10,000 units were sold, what is the variable cost per unit?
Multiple Choice
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$17.60
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$28.80
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$72.00
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$19.20
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Auditing A Risk Analysis Approach
Authors: Larry F. Konrath
5th Edition
032405789X, 9780324057898
