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Contribution Margin Calculation and Decision-Making : A product sells for $100 per unit with variable costs of $60 per unit. Calculate the contribution margin per

Contribution Margin Calculation and Decision-Making: A product sells for $100 per unit with variable costs of $60 per unit. Calculate the contribution margin per unit and the contribution margin ratio. Analyze how changes in sales volume and pricing impact contribution margin and overall profitability. Discuss how contribution margin analysis can aid in decision-making related to product pricing, sales strategies, and cost management.

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