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A local florist sells bouquets of flowers. The variable costs associated with each bouquet (flowers, paper, twine etc.) total $8 and the selling price per

A local florist sells bouquets of flowers. The variable costs associated with each bouquet (flowers, paper, twine etc.) total $8 and the selling price per bouquet is $24. What is the contribution margin per unit for each bouquet?

$32.00

$24.00

$16.00

$8.00

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