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Problem 1: Selling Price per $35, cost of materials $ 4 per unit, rent $24,000, cost of labour per unit $17, salaries $60,000. Calculate the contribution margin per unit:
A) $17
B) $21
C) $31
D) none of the options listed
North Star prepared the following unadjusted trial balance at the end of its second year of operations ending December 31.
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