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29 Madison Corporation sells three products (M,N, and O) in the following mix: 3:1:2. Unit price and cost data are: Total fixed costs are $340,000.

Madison Corporation sells three products (M,N, and O) in the following mix: 3:1:2. Unit price and cost data are: Total fixed costs are $340,000. The selling price per composite unit for the current sales mix (rounded to the nearest cent) is

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