Variable costs, fixed costs, and project risk. Solutions Bank Textbooks had sales and operating expenses of $1 million last year. If the firm had fixed costs of $300,000 on sales of 35,000 books, then what is the firm's per-unit contribution?
A) $28.57
B) $20.00
C) $8.57
D) None of the above
Correct Answer:
Verified
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