Leeks Company's product has a contribution margin per unit of $11.25 and a contribution margin ratio of 22.5%. What is the selling price of the product?
A) $5.
B) $30.
C) $40.
D) $20.
E) $50.

Question

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The Answer of Leeks Company's product has a contribution margin per unit of $11.25 and a contribution margin ratio of 22.5%. What is the selling price of the product?
A) $5.
B) $30.
C) $40.
D) $20.
E) $50.

Leeks Company's Product Has a Contribution Margin Per Unit of $11.25