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4. Firm A has the following information with regard to the production and sales of product XIT: selling price per unit is $15, total variable

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4. Firm A has the following information with regard to the production and sales of product XIT: selling price per unit is $15, total variable cost per unit is $9, total fixed costs are $15,000. What is the contribution margin percentage for XIT? a) 60% b) 250% 67% d) 40%

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