MC Qu. 142 Madison Corporation sells three products...

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	$	9		$	5		$	8
Unit variable costs		3			2			6

Total fixed costs are $375,000. The selling price per composite unit for the current sales mix (rounded to the nearest cent) is:

Multiple Choice

$22.00.

$ 7.33.

$26.00.

$48.00.

$32.00.