Macy Corporation's relevant range of activity is 7,800 units to 16,000 units. When it produces and sells 11,900 units, its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Average Cost per Unit $5.45 $3.90 $1.90 $3.20 $1.20 $0.90 $1.15 $0.80 If the selling price is $31.50 per unit, the contribution margin per unit sold is closest to: If the selling price is $31.50 per unit, the contribution margin per unit sold is closest to: S7.45 $22.15 $18.30 Prev 1 of 30 ! Next >