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X Company expects to produce and sell 60,000 units of its only product next year, and revenue is expected to be $1,885,800. The following are
X Company expects to produce and sell 60,000 units of its only product next year, and revenue is expected to be $1,885,800. The following are budgeted costs for next year:
Direct materials | 296,400 | |
Direct labor [all variable] | 294,000 | |
Variable overhead | 357,000 | |
Fixed overhead | 171,600 | |
Variable selling and administrative | 322,800 | |
Fixed selling and administrative | 173,400 |
What is X Company's budgeted contribution margin per unit for next year [round unit numbers to the nearest cent]?
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