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Shine Jewelry sells 400 units resulting in $7,000 of sales revenue, $3,000 of variable costs, and $1,500 of fixed costs. Calculate contribution margin per unit.

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Shine Jewelry sells 400 units resulting in $7,000 of sales revenue, $3,000 of variable costs, and $1,500 of fixed costs. Calculate contribution margin per unit. Select one: O a. $10.00 O b. $7.00 O C. $11 O d. $7.50

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