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Kent Company manufactures a product that sells for $53.00 and has variable costs of $28.00 per unit. Fixed costs are $260,000. Kent can buy a

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Kent Company manufactures a product that sells for $53.00 and has variable costs of $28.00 per unit. Fixed costs are $260,000. Kent can buy a new production machine that will increase fixed costs by $13,600 per year, but will decrease variable costs by $3.80 per unit. Compute the contribution margin per unit if the machine is purchased. Multiple Choice $21.20 $25.00 $28.80

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