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Newman Company expects to produce and sell 2,000 units next month. Data on costs follows: Per Unit: Sales Price $40 Manufacturing Variable Cost $10 Selling

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Newman Company expects to produce and sell 2,000 units next month. Data on costs follows: Per Unit: Sales Price $40 Manufacturing Variable Cost $10 Selling Variable Cost $6 8. Total Costs: Fixed Manufacturing $16,000 Fixed Selling $8,000 A. What is the variable cost per unit? B. what is the contribution margin per unit? C. what is the variable cost ratio? D. What is the contribution margin ratio

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