A Company Has Contribution Margin Per Unit of $45 and a Contribution

question 129

Multiple Choice

A company has contribution margin per unit of $45 and a contribution margin ratio of 40%. What is the unit selling price?

• A) $75.00
• B) $112.50
• C) $18.00
• D) Cannot be determined.

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Definitions:

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U.S. Supreme Court

The highest federal court in the United States, with ultimate appellate jurisdiction over all federal and state court cases involving issues of federal law.

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