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Madison Corporation sells three products (M, N, and O) in the following sales mix: 3:1:2. Unit price and cost data are: M N O $13
Madison Corporation sells three products (M, N, and O) in the following sales mix: 3:1:2. Unit price and cost data are: M N O $13 $11 $12 Unit sales price Unit variable costs 6 11 Total fixed costs are $462,500. The contribution margin per composite unit for the current sales mix (round to the nearest cent) is: Multiple Choice O $50.00 O
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