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Bonita Industries has a unit contribution margin of $70 and a contribution margin ratio of 20%. How much is the selling price of each unit?

Bonita Industries has a unit contribution margin of $70 and a contribution margin ratio of 20%. How much is the selling price of each unit? O $350. O Cannot be determined without more information. O $14. O $88.

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Bonita Industries has a unit contribution margin of $70 and a contribution margin ratio of 20%. How much is the selling price of each unit? $350 Cannot be determined without more information. $14. $88

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