A company sells one product. The contribution margin per unit for this product is $7. The company decides that it wants to create a fancier packaging for the product, which would increase its variable cost per unit by $1. What will be the updated contribution margin per unit for the product if this new packaging is implemented? A company sells one product. The contribution margin per unit for this product is $7. The company decides that it wants to create a fancier packaging for the product, which would increase its variable cost per unit by $1. What will be the updated contribution margin per unit for the product if this new packaging is implemented?  

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The contribution margin per unit is calculated by subtracting the variable cost per unit from the se... View the full answer