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Lovett Company produces a product that sells for $17 per unit and has a $10...

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Question

Accounting

Lovett Company produces a product that sells for $17 per unit and has a $10 per unit variable cost. The company's fixed costs are $110,000. The contribution margin per unit is:

Group of answer choices

$17.00

$27.00

$10.00

$ 7.00

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