The selling price of a unit is $21.2 and the variable product cost per unit...

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Accounting

The selling price of a unit is $21.2 and the variable product cost per unit is $15.1. In addition, a sales commission of 5% is paid on each sale. If the variable product cost per unit increases by 1%, what will be the new contribution margin per unit?

$4.90

$5.20

$4.89

$6.10

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