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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
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$7.95.
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$16.80.
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$24.75.
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$71,550.
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$1.33
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