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At its $30 selling price, Atlantic Company has sales of $30,000, variable manufacturing costs of $5,000, fixed manufacturing costs of $1,000, variable selling and administrative

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At its $30 selling price, Atlantic Company has sales of $30,000, variable manufacturing costs of $5,000, fixed manufacturing costs of $1,000, variable selling and administrative costs of $4,000 and fixed selling and administrative costs of $1,000. What is the company's contribution margin per unit? Multiple Choice

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