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What is the contribution margin per unit for Blaine Corporation? (Round any intermediary calculations and your final answer to the nearest cent.) The following information
What is the contribution margin per unit for Blaine Corporation? (Round any intermediary calculations and your final answer to the nearest cent.)
The following information for the past year for the Blaine Corporation has been provided: Fixed costs: Manufacturing $125,000 Marketing 21,000 Administrative 24,000 Variable costs: Manufacturing $118,000 Marketing 26,000 Administrative 41,000 During the year, the company produced and sold 70,000 units of product at a selling price of $12.96 per unit. There was no beginning inventory of product at the beginning of the year. O A. $10.32 O B. $2.64 O C. $5.07 OD. $10.53Step by Step Solution
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