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Kent Company manufactures a product that sells for $56.00 and has variable costs of $30.00 per unit. Fixed costs are $286,000. Kent can buy

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Kent Company manufactures a product that sells for $56.00 and has variable costs of $30.00 per unit. Fixed costs are $286,000. Kent can buy a new production machine that will increase fixed costs by $22.700 per year, but will decrease variable costs by $5.50 per unit. Compute the contribution margin per unit if the machine is purchased. Multiple Choice $31.50 $33.50 $2600 $2050

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