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The Goldfarb Company manufactures and sells toasters. Each toaster sells for $22.95 and the variable...

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Accounting

The Goldfarb Company manufactures and sells toasters. Each toaster sells for $22.95 and the variable cost per unit is $15.85. Goldfarb's total fixed costs are $24,200, and budgeted sales are 7,200 units. What is the contribution margin per unit? $7.10. $15.85. $22.95. $51,120. $1.18.

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