Rocky Mountain Bottling Company produces a soft drink that is sold for a dollar. At production and sales of 1,000,000 units, the company pays $700,000 in production costs, half of which are fixed costs. At that volume, general, selling, and administrative costs amount to $200,000, of which $50,000 are fixed costs. What is the amount of contribution margin per unit? (Do not round intermediate calculations.) Multiple Choice $0.20 $0.50 $0.40 None of these is correct.