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General Motors has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.05 Direct labor $ 3.50 Variable manufacturing overhead $

General Motors 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

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