TB MC Qu$.7-185($Algo$)$ Krepps Corporation produces $...$

Krepps Corporation produces a single product. Last year, Krepps manufactured $35,040$ units and sold $29,600$ units. Production costs for the year were as follows:

Sales totaled $$1,450,400$ for the year, variable selling and administrative expenses totaled $$156,880,$ and fixed selling and administrative expenses totaled $$255,792.$ There was no

beginning inventory. Assume that direct labor is a variable cost.

The contribution margin per unit was:

Multiple Choice

$$18\mathrm{.}60$ per unit

$$24\mathrm{.}20$ per unit

$$28\mathrm{.}40$ per unit

$$23\mathrm{.}10$ per unit