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Gardenia Corp. has a selling price of $20, fixed costs of $23,500, and contribution margin of $46,000. If Gardenia sells 11,500 units, how much are
Gardenia Corp. has a selling price of $20, fixed costs of $23,500, and contribution margin of $46,000. If Gardenia sells 11,500 units, how much are variable costs per unit?
$2.00
$5.00
$7.00
$16
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