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Examveda

If contribution margin percentage is 30%, selling price is $5000, then contribution margin per unit will be

A. $900

B. $1,200

C. $1,500

D. $1,600

Answer: Option C

Solution(By Examveda Team)

Contribution margin per unit = Selling price × contribution margin percentage
= $5000 × 30% = $1,500.

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