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1. If the selling price is $21.90 per unit, what is the contribution margin per unit sold? (2 decimals) Direct Materials $6.20/unit Direct Labor $3.10/unit
1. If the selling price is $21.90 per unit, what is the contribution margin per unit sold? (2 decimals)
Direct Materials $6.20/unit
Direct Labor $3.10/unit
Variable manufacturing overhead $1.35/unit
Sales commissions 1.50/unit
Variable administrative expense $0.40/units
Fixed manufacturing overhead $14,000
Fixed Selling and admin expense $4,500
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