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Mike's Yogurt sells frozen yogurt by the ounce for $1.50 per ounce. The unit variable cost is currently $0.30. The fixed costs are $1,500 per

Mike's Yogurt sells frozen yogurt by the ounce for $1.50 per ounce. The unit variable cost is currently $0.30. The fixed costs are $1,500 per month. 


Calculate the contribution margin if Mike sells 500 ounces and only the unit variable cost increases by 20%.  

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