What is the contribution margin of the product

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1. If the company's variable cost for the day and night cream is $16.70, what is the contribution margin of the product? Refer to Appendix 3, Marketing by the Numbers, paying attention to the notes on contribution margin.

2. Assume that the contribution margin is the same across the whole range of products. Work out the probable gross profit of the business.

Reference no: EM131289456

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