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The following information is taken from the 2007 budget. Variable costs (unit)$10.20 Annual fixed costs$350,000 Contribution margin per unit40%. Determine the selling price per unit.
The following information is taken from the 2007 budget.
Variable costs (unit)$10.20
Annual fixed costs$350,000
Contribution margin per unit40%.
Determine the selling price per unit.
A.10.20$
C.14.28$
B.25.50$
D.17.00$
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