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Compute what contribution margin per unit is

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Problem 1: A jeans maker is designing a new line of jeans. These jeans will sell for $410 per unit and cost $328 per unit in variable costs to make. Fixed costs total $120,000. Contribution margin per unit is:

Multiple Choice

Option 1: $52.
Option 2: $62.
Option 3: $72.
Option 4: $82.
Option 5: $92.

Reference no: EM132993652

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