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4. Laramie Company has variable cost ratio of 0.70. The fixed cost is $102,880 and 21,400 units are sold at break-even. What is the price?

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4. Laramie Company has variable cost ratio of 0.70. The fixed cost is $102,880 and 21,400 units are sold at break-even. What is the price? What is the variable cost per unit? The contribution margin per unit? Note: Round answers to the nearest cent. 16.02 Price Variable cost per unit Contribution margin per unit 11.22

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