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08-03-2019
Business

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Lester company has a single product. the selling price is $50 and the variable cost is $31.50 per unit. the company's fixed expense is $170,000 per month. what is the company's unit contribution margin? (round your answer to 2 decimal places.)

Respuesta :

12-03-2019

$18.50

Contribution margin is price per product minus variable costs per product

$50 - $31.50 = $18.50

(Fixed costs do not factor into contribution margin)

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