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	$	7		$	4		$	6
Unit variable costs		3			2			3

Total fixed costs are $340,000. The contribution margin per composite unit for the current sales mix (round to the nearest cent) is:

Multiple Choice

$37.00.

$20.00.

$25.00.

$17.00.