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XYZ Company's product has a contribution margin per unit of $12 and a variable cost ratio of 80%. What is the selling price of the

XYZ Company's product has a contribution margin per unit of $12 and a variable cost ratio of 80%. What is the selling price of the product? Select one:

a. $22.5.

b. $60.

c. $120.

d. $37.5.

e. $28.125.

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