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XYZ Company's product has a contribution margin per unit of $11.25 and a variable cost ratio of 70%. 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 70%. What is the selling price of the product? Select one: a. $30 b. $37.5. e c. $50. d. $40 e. $24

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