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Jackson produces and sells a single product for $25 per unit. Jackson Corporation has provided the following per unit cost information: Direct Materials $5.00 Direct

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Jackson produces and sells a single product for $25 per unit. Jackson Corporation has provided the following per unit cost information: Direct Materials $5.00 Direct Labor $3.00 Variable MOH $2.00 Selling and Administrative expenses $1.50 In addition, they reported the following fixed expenses. Manufacturing Overhead $15,000 Selling and administrative expenses $5,000 5,000 units were produced and sold. ANSWER THE FOLLOWING: What is the Gross profit per unit sold

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