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17. Data: Bhimani Inc, sells a single product. The company's most recent income statement is given below. To stay within the relevant range, the company
17. Data: Bhimani Inc, sells a single product. The company's most recent income statement is given below. To stay within the relevant range, the company can sell up to 10,000 units. Sales (4,000 units) $120,000 Variable costs (64,000) Fixed costs (40,000) Net income $ 12,000 Question: What is the contribution margin per unit? A) $12 B) $30 C) $13 D) $14
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