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2. For each vehicle in the following table, calculate the dealer invoice, the unit margin, and the gross margin as a percentage of revenue (dealer

2. For each vehicle in the following table, calculate the dealer invoice, the unit margin, and the gross margin as a percentage of revenue (dealer invoice).

Vehicle X Vehicle Y

MSRP $16,999 $21,999

Dealer Discount 8% 12%

Variable Cost $11,474 $14,819

Dealer Invoice

Gross Margin

Gross Margin %

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