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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

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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 product? Select one: a. $40. b. $37.5. c. $50 d. $28.125 e. $22.5 XYZ Company's accountant is estimating next period's total overhead costs (Y). She performed three regression analyses, the first is based on direct labor hours (DLH), the second is based on machine hours (Mhr), and the third is based on quantity produced (Q). The results were: [Y-$150,000+ $10XDLH; R-square = 0.11). [Y= $190,000+ $5xMhr R-square = 0.95): [Y-200,000+20; R-square-0.52). Based on this information, which cost driver do you recommend? Select one: a. Direct labor hours (DLH) b. Quantity produced (0) c. All cost drivers are the same d. None of them e. Machine hours (hr)

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