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Davison Co . prepared the following contribution format income statement based on a sales volume of 1 0 , 0 0 0 units ( the

Davison Co. prepared the following contribution format income statement based on a sales volume of 10,000 units (the relevant range of production is 5,000 units to 15,000 units):SalesVariable expensesContribution marginFixed expensesNet operating income$290,000174,000116,00087,00029,000Required:What is the contribution margin per unit? (Round your answer to 2 decimal places.)

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