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    Exam 3: Using Costs in Decision Making
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    Sanchez & Ryan, Inc, Sells a Single Product
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Sanchez & Ryan, Inc, Sells a Single Product

Question 109

Question 109

Multiple Choice

Sanchez & Ryan, Inc, sells a single product. This year, 20,000 units were sold resulting in $130,000 of sales revenue, $60,000 of variable costs, and $17,500 of fixed costs.
-The contribution margin per unit is:


A) $6.50.
B) $3.50.
C) $3.00.
D) $1.75.

Correct Answer:

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