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Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Unit price and cost data are: M N 0 Unit sales

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Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Unit price and cost data are: M N 0 Unit sales price Unit variable costs $10 5 $7 4 $9 7 Total fixed costs are $561,000. The selling price per composite unit for the current sales mix (rounded to the nearest cent) is: Multiple Choice $55.00. $26.00. $29.00. $37.00. $ 8.67

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