Problemmarissa creates fruit baskets to sell to a gift shop, Ask an Expert

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Marissa creates fruit baskets to sell to a gift shop. Marissa charges the gift shop $12 for a medium-sized fruit basket. However, it only costs her $4.50 to purchase the fruit, basket, and other supplies. Marissa also has an assistant that she pays $1,400 per month, and Marissa's salary is $2,500 per month. What is Marissa's contribution margin per basket?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92750292

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