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Pedregon Corporation has provided the following information: Cost per UnitCost per PeriodDirect materials$ 6.55 Direct labor$ 3.50 Variable manufacturing overhead$ 1.35 Fixed manufacturing overhead $
Pedregon Corporation has provided the following information:
Cost per UnitCost per PeriodDirect materials$ 6.55 Direct labor$ 3.50 Variable manufacturing overhead$ 1.35 Fixed manufacturing overhead $ 21,000Sales commissions$ 0.55 Variable administrative expense$ 0.60 Fixed selling and administrative expense $ 6,300
If the selling price is $20.50 per unit, the contribution margin per unit sold is closest to:
Multiple Choice
$3.85
$5.70
$7.95
$10.45
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