adison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Unit price and cost data are: M N O Unit sales price $ 9 $ 7 $ 8 Unit variable costs 5 4 5 Total fixed costs are $315,000. The selling price per composite unit for the current sales mix (rounded to the nearest cent) is:

$50.00

$24.00

$8.00

$34.00

$26.00