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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 O Unit sales

Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Unit price and cost data are: M N O Unit sales price $ 12 10,11 Unit variable costs 7,6,9 Total fixed costs are $529,000. The contribution margin per composite unit for the current sales mix (round to the nearest cent) is:

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