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Olive Oil Company, a producer of olive oil, has the following information: Income tax rate 30% Selling price per unit $10.00 Variable cost per unit
Olive Oil Company, a producer of olive oil, has the following information:
Income tax rate 30%
Selling price per unit $10.00
Variable cost per unit $4.00
Total fixed costs $120,000.00
The contribution margin per unit is ________.
A) $4.00
B) $6.00
C) $8.00
D) $10.00
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