Laquesha enterprises. sells its only product for 9 per unit, Ask an Expert

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Laquesha Enterprises. sells its only product for $9 per unit, variable production costs are $3 per unit, and selling and administrative costs are $1.50 per unit. Fixed costs for 10,000 units are $5,000. Calculate the contribution margin per unit and the contribution margin ratio.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9403602

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