Multiple Choice
The selling price of a unit is $20 and the variable product cost per unit is $14.In addition, a sales commission of 5% is paid on each sale.If the variable product cost per unit increases by 1%, what will be the new contribution margin per unit?
A) $4.86
B) $5.10
C) $5.16
D) $6.00
Correct Answer:
Verified
Correct Answer:
Verified
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