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Business · Accounting
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(14) A Company’s only product sells for $75 per unit. Its variable costs per unit are $25, and its fixed costs total $375,000. What is its contribution margin per unit? a. $50 b. $75 c. $25 d. $35 e. $100 (15) Using the information in question 14 above, what is the Company’s contribution margin ratio? a. 66.67% b. 100% c. 50% d. 0%

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