A cement manufacturer has supplied the following data: Tons of cement produced a

Question

A cement manufacturer has supplied the following data:
  
Tons of cement produced and sold   245,000
Sales revenue   $1,078,000
Variable manufacturing expense   $424,000
Fixed manufacturing expense   $283,000
Variable selling and administrative expense   $66,000
Fixed selling and administrative expense   $223,000
Net operating income   $82,000


What is the company's unit contribution margin? (Do not round your intermediate calculations.)

$0.42 per unit
$4.40 per unit
$2.00 per unit
$2.40 per unit

Explanation / Answer

Sales 1078000 VC 424000 V Selling Expe 66000 Contribution Margin 588000 Units 245000 Margin per unit 588000/245000 $ 2.4 per unit

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