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What is the selling price of product for leeks company

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Reference no: EM132979188

Problem 1: Leeks Company's product has a contribution margin per unit of $15.36 and a contribution margin ratio of 24.0%. What is the selling price of the product?

Multiple Choice

Option 1: $6.
Option 2: $26.
Option 3: $38.
Option 4: $51.
Option 5: $64.

Reference no: EM132979188

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