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Madison Corporation Sells Three Products (M, N, and O) in the Following

Question 170

Multiple Choice

Madison Corporation sells three products (M, N, and O) in the following sales mix: 3:1:2. Unit price and cost data are: Madison Corporation sells three products (M, N, and O) in the following sales mix: 3:1:2. Unit price and cost data are: Total fixed costs are $340,000. The contribution margin per composite unit for the current sales mix (round to the nearest cent) is: A) $17.00. B) $ 5.67. C) $20.00. D) $37.00. E) $25.00. Total fixed costs are $340,000. The contribution margin per composite unit for the current sales mix (round to the nearest cent) is:


A) $17.00.
B) $ 5.67.
C) $20.00.
D) $37.00.
E) $25.00.

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