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Peoria Corporation reported the following on their contribution format income statement. What is the variable cost per unit? Sales (8,000 units) $350,000 Less: variable expenses
Peoria Corporation reported the following on their contribution format income statement. What is the variable cost per unit?
| Sales (8,000 units) | $350,000 |
| Less: variable expenses | 200,000 |
| Contribution margin | $150,000 |
| Less: fixed expenses | 125,000 |
| Net operating income | $ 25,000 |
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