Multiple Choice
Reference: 18_03
A company's product sells at $12 per unit and has a $5 per unit variable cost. The company's total fixed costs are $98,000.
-The contribution margin per unit is:
A) $5.00
B) $7.00
C) $8.17
D) $12.00
E) $17.00
Correct Answer:
Verified
Correct Answer:
Verified
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