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Thanksgiving Inc. manufactures and sells its product i-Radio. Its contribution margin ratio is 30% and the price/unit is $100. What is the contribution margin/unit? Group
Thanksgiving Inc. manufactures and sells its product i-Radio. Its contribution margin ratio is 30% and the price/unit is $100.
What is the contribution margin/unit?
Group of answer choices
$30/unit
$70/unit
$100/unit
None of the above
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