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Paint Corp. has sales of $480,000, a contribution margin ratio of 30%, and...

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Question

Accounting

Paint Corp. has sales of $480,000, a contribution margin ratio of 30%, and a profit of $30,000. If 10,000 units were sold, what is the variable cost per unit?

Multiple Choice

  • $33.60

  • $4.80

  • 14.40

  • $48.00

Answer & Explanation Solved by verified expert
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