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A company's product sells at $12.16 per unit and has a $5.24 per unit variable cost. The company's total fixed costs are $97,200.The contribution margin

A company's product sells at $12.16 per unit and has a $5.24 per unit variable cost. The company's total fixed costs are $97,200.The contribution margin per unit is:

Multiple Choice

a. $5.24.

b. $12.16.

c. $8.09.

d. $6.92.

e. $17.40.

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