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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: Total fixed costs are
Madison Corporation sells three products ( M,N, and O ) in the following mix: 3:1:2. Unit price and cost data are: Total fixed costs are $340,000. The variable cost per composite unit for the current sales mix (rounded to the nearest cent) is
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