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What the selling price per composite unit for the current

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Madison Corporation sells three products (M, N, and O) in the following mix: 3:1:2. Unit price and cost data are:

                                   M               N                O

Unit Sale Price               $9           $5               $7

Unit Variable Costs         $4            $3                 $4

Question 1: total fixed costs are $322,000. The selling price per composite unit for the current sales mix (rounded to the nearest cent) is

Reference no: EM132615407

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