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XYZ Company's product has a contribution margin per unit of $12 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 $12 and a variable cost ratio of 60%. What is the selling price of the product? Select one: a. $30 b. $40. C. $50 O d. $24. 0 $37.5

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