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What is the contribution margin

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Reference no: EM131292225

The following selected data relates to Lazarus Corporation:

Total fixed costs $22,000

Sale price per unit $25

Variable costs per unit $18

Assuming 8,000 units are sold, what is the contribution margin?

$344,000

$78,000

$56,000

$34,000

Reference no: EM131292225

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