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The Income Statement for Elite Manufacturing Company for the Current

Question 47

Multiple Choice

The income statement for Elite Manufacturing Company for the current year is as follows:

The income statement for Elite Manufacturing Company for the current year is as follows: What is the contribution margin per unit? (Note: Round answer to two decimal places.) A) $7.20 B) $1.20 C) $5.33 D) $6.56
What is the contribution margin per unit? (Note: Round answer to two decimal places.)


A) $7.20
B) $1.20
C) $5.33
D) $6.56

Correct Answer:

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