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Singer Co. reported sales of $416,000, a contribution margin of $5 per unit, fixed costs of $80,000, and a net income of $24,000. Determine the
Singer Co. reported sales of $416,000, a contribution margin of $5 per unit, fixed costs of $80,000, and a net income of $24,000.
Determine the selling price per unit?
I know the answer is $20, please can you give a detailed step by step method on how they arrived at $20 thank you
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