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a) What are the major variable costs of making crayons? b) Provide your best guess of the variable cost per unit for this product. You
a) What are the major variable costs of making crayons?
b) Provide your best guess of the variable cost per unit for this product. You do not need to do extensive research to find out the cost of the inputs, but try to come up with a reasonable estimate.
c) Based on your answers, compute the unit contribution margin and contribution margin ratio.
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