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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: MNO Unit sales price $

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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: MNO Unit sales price $ 7 $ 4 $ 5 Unit variable costs 3 2 3 Total fixed costs are $340,000. The selling price per composite unit for the current sales mix (rounded to the nearest cent) is: Select one: $20.00 $37.00 $25.00 $17.00. $ 5.67 $35.00

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