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The Goldfarb Company manufactures and sells toasters. Each toaster sells for $24.75 and the variable cost per unit is $16.80. Goldfarb's total fixed costs are

The Goldfarb Company manufactures and sells toasters. Each toaster sells for $24.75 and the variable cost per unit is $16.80. Goldfarb's total fixed costs are $26,000, and budgeted sales are 9,000 units. What is the contribution margin per unit?

Multiple Choice

  • $7.95.

  • $16.80.

  • $24.75.

  • $71,550.

  • $1.33

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