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Elk Corp. has sales of $440,000, a contribution margin ratio of 44%, and a target profit of $88,000. If 40,000 units were sold, what is

Elk Corp. has sales of $440,000, a contribution margin ratio of 44%, and a target profit of $88,000. If 40,000 units were sold, what is the variable cost per unit? Multiple Choice $2.64 O $4.84 $14.00 $6.16

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