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Medoc Company provides the following information about its single product. Targeted operating income $53,610 Selling price per unit $6.10 Variable cost per unit $4.50 Total
Medoc Company provides the following information about its single product.
Targeted operating income | $53,610 |
Selling price per unit | $6.10 |
Variable cost per unit | $4.50 |
Total fixed cost | $75,520 |
What is the contribution margin per unit?
A.
$0.26
B.
$1.60
C.
$4.50
D.
$ 10.60
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