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The following cost information pertained to the Violin Division of Stringing Music Co, and was based on monthly demand and sales of 100 units: Per-Unit
The following cost information pertained to the Violin Division of Stringing Music Co, and was based on monthly demand and sales of 100 units: Per-Unit Costs $140 170 80 Variable production costs: Direct materials Direct labor Variable factory overhead Fixed production costs: Depreciation (equipment) Factory rent Other Total production cost Variable selling & administrative costs Fixed selling & administrative costs 40 68 16 $514 $ 28 per unit $ 40 per unit Given a normal selling price per unit of $770, what is the contribution margin per unit sold for recurring (l.e., normal) sales
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