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Question

The Gold farb Company manufactures and sells toasters. Each toaster sells for $23.05 and the variable cost per unit is $15.90. Goldfarb's total fixed costs are $24,300, and budgeted sales are 7,300 units. What is the contribution margin per unit?

$7.15.

$15.90.

$23.05.

$52,195.

$1.19.

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