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Stratford Company distributes a lightweight lawn chair that sells for $20 per unit. Variable expenses are 40% of sales, and fixed expenses total $120,000 annually.

Stratford Company distributes a lightweight lawn chair that sells for $20 per unit. Variable expenses are 40% of sales, and fixed expenses total $120,000 annually. Required: Answer the following independent questions: 1. What is the products CM per unit

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