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A company sells calculators for $117. Variable costs associated with this product are $40 per unit and fixed costs associated with this product are $59,000.

A company sells calculators for $117. Variable costs associated with this product are $40 per unit and fixed costs associated with this product are $59,000. Total sales in the year just ended were 3,000 units.

What is the contribution margin?

Select one:

a. $20.33

b. $97.33

c. $77.00

d. $19.67

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