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Answer the Following Questions Using the Information Below

Question 10

Multiple Choice

Answer the following questions using the information below:
Shine Jewelry sells 400 units resulting in $7,000 of sales revenue, $3,000 of variable costs, and $1,500 of fixed costs.
-Contribution margin per unit is ________.


A) $4.00
B) $11.00
C) $10.00
D) $8.00

Correct Answer:

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