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4. Laramie Company has variable cost ratio of 0.45. The fixed cost is $96,250 and 25,000 units are sold at break-even. What is the price?

4. Laramie Company has variable cost ratio of 0.45. The fixed cost is $96,250 and 25,000 units are sold at break-even. What is the price? What is the variable cost per unit? The contribution margin per unit? Note : Do NOT round interim computations. Round answers to the nearest cent.

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