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Tesla Inc. sells two models of electric vehicles: Model S and Model 3. The selling price, variable cost per unit, and contribution margin per unit
Tesla Inc. sells two models of electric vehicles: Model S and Model 3. The selling price, variable cost per unit, and contribution margin per unit for each model are as follows:
Model | Selling Price per Unit ($) | Variable Cost per Unit ($) | Contribution Margin per Unit ($) |
Model S | $80,000 | $60,000 | |
Model 3 | $40,000 | $30,000 |
Calculate the missing contribution margin per unit for each model.
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