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Find contribution margin ratio and unit contribution margin

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Question - Zeke Company sells 26,800 units at $14 per unit. Variable costs are $7 per unit, and fixed costs are $39,300. Find the contribution margin ratio and the unit contribution margin?

a. 50% and $7 per unit

b. 1% and $7 per unit

c. 50% and 14 per unit

d. 1% and $14 per unit

Reference no: EM132479021

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