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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

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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 product? Select one: O a. $37.5. O b. $120. O c. $60. O d. $28.125. e. $22.5

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