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Edgewater Enterprises manufactures two products. Information follows: Sales price Variable cost per unit Product mix Product A $ 18.50 $ 6.85 Weighted average CM

Edgewater Enterprises manufactures two products. Information follows: Sales price Variable cost per unit Product mix Product A $ 18.50 $ 6.85 Weighted average CM 40% per unit Product B $ 21.75 Required: Calculate Edgewater's weighted-average contribution margin per unit. Note: Round your intermediate calculations and final answer to 2 decimal places. $ 7.55 60%

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