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A Recent Income Statement of Hendrix Inx

Question 105

Multiple Choice

A recent income statement of Hendrix Inx. reported sales revenue of $5,000,000, variable costs of $3,000,000, and fixed costs of $1,000,000. If these data are based on the sale of 40,000 units, the contribution margin per unit would be:


A) $25.
B) $50.
C) $75.
D) $100.
E) $200.

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