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Goldfarb Company manufactures and sells toasters. Each toaster sells for $24.65 and the variable cost per unit is $16.75. Goldfarb's total fixed costs are $25,900,

Goldfarb Company manufactures and sells toasters. Each toaster sells for $24.65 and the variable cost per unit is $16.75. Goldfarb's total fixed costs are $25,900, and budgeted sales are 8,900 units. What is the contribution margin per unit?

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$7.90

$16.75

$24.65

$70,310

$1.32

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