The income statement for Flamengo Manufacturing Company for the current year is as follows: Sales...

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Accounting

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The income statement for Flamengo Manufacturing Company for the current year is as follows: Sales (10,000 units) $180,000 Variable expenses 100.000 Contribution margin $ 80,000 Fixed expenses 60.000 Operating income $ 20,000 What is the contribution margin per unit? (Note: Round answer to two decimal places if necessary)

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