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QUESTION 17 Madison Corporation sells three products (M, N, and O) in the following mix: 3:12. Unit price and cost data are: $9 $5 $7

QUESTION 17

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Madison Corporation sells three products (M, N, and O) in the following mix: 3:12. Unit price and cost data are: $9 $5 $7 4 Unit sales price Unit variable costs 4 Total fixed costs are $322,000. The selling price per composite unit for the current sales mix (rounded to the nearest cent) is: Multiple Choice $21.00. $46.00 $ 7.00 $32.00 $25.00

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