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Shine Jewelry sells 400 units resulting in $7,000 of sales revenue, $3,000 of variable costs, and $1,500 of fixed costs. Calculate contribution margin per unit.

Shine Jewelry sells 400 units resulting in $7,000 of sales revenue, $3,000 of variable costs, and $1,500 of fixed costs. Calculate contribution margin per unit.


Select one:
a. $7.50
b. $7.00
c. $10.00
d. $11

Shine Jewelry sells 400 units resulting in $7,000 of sales revenue, $3,000 of variable costs, and $1,500 of fixed costs. operating income equal:

Select one:
a. $3,000
b. $4.00
c. $2,500
d. $4,000

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