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XYZ Company's product has a contribution margin per unit of $11.25 and a variable cost ratio of 60%. What is the selling price of the

XYZ Company's product has a contribution margin per unit of $11.25 and a variable cost ratio of 60%. What is the selling price of the product? Select one: O a. $50 O b. $22.5 O c. $40. O d. $37.5. O e. $28.125

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