Rocky Mountain Bottling Company produces a soft drink that is sold for a dollar. At production and sales of $1,200,000$ 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 $$300,000,$ of which $$50,000$ are fixed costs.

What is the amount of contribution margin per unit?

Note: Do not round intermediate calculations.

Multiple Choice

$$0\mathrm{.}08$

$$0\mathrm{.}50$

$$0\mathrm{.}33$

None of these cholces are correct.