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. Ace Company sells lawn mowers for $200 per unit. Variable cost per unit is $40, and fixed costs total $4,000. Ace Company would like

. Ace Company sells lawn mowers for $200 per unit. Variable cost per unit is $40, and fixed costs total $4,000. Ace Company would like to make a profit of $75,000.

a. what is the contribution margin per unit, b. the contribution margin ratio?

Please show work,

Thank you

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