If contribution margin per unit is $500 and contribution margin percentage is 25%, then selling price will be
A. $2,000
B. $5,250
C. $4,280
D. $3,860
Answer: Option A
Solution(By Examveda Team)
Selling price = Contribution margin per unit ÷ Contribution margin percentage= $500 ÷ 25% = $2,000.
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