5.

Walsh Corporation has provided the following information:

	Cost per Unit		Cost per Period
Direct materials	$	7.05
Direct labor	$	3.50
Variable manufacturing overhead	$	1.65
Fixed manufacturing overhead			$	11,000
Sales commissions	$	1.00
Variable administrative expense	$	0.40
Fixed selling and administrative expense			$	5,500

If the selling price is $18.70 per unit, the contribution margin per unit sold is closest to:

Select one:

a.

$1.80

b.

$4.30

c.

$5.10

d.

$8.15