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Seaview Company took the following data from their income statement at the end of the current year. Per-unit product cost $30 Gross margin percentage 40%

Seaview Company took the following data from their income statement at the end of the current year. Per-unit product cost $30 Gross margin percentage 40% Selling and administrative expenses $30,000 $10,000 Operating income What was the sales price per unit? a. $10 b. $50 c. $20 d. $30

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