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Medoc Company provides the following information about its single product. Targeted...

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Question

Accounting

Medoc Company provides the following information about its single product.

Targeted operating income

$53,610

Selling price per unit

$6.10

Variable cost per unit

$4.50

Total fixed cost

$75,520

What is the contribution margin per unit?

A.

$0.26

B.

$1.60

C.

$4.50

D.

$ 10.60

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