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7T-14 Elk Corp. has sales of $600,000, a contribution margin ratio of 48%, and a target profit of $120,000. If 50,000 units were sold, what
7T-14
Elk Corp. has sales of $600,000, a contribution margin ratio of 48%, and a target profit of $120,000. If 50,000 units were sold, what is the variable cost per unit? Multiple Choice o $5.76 O $3.36 $6.24 o o $13.00Step by Step Solution
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