At a Volume of 20,000 Units, Almount Industries Reported Sales

Multiple Choice

At a volume of 20,000 units, Almount Industries reported sales revenues of $1,000,000, variable costs of $300,000, and fixed costs of $260,000. The company's contribution margin per unit is:

A) $22.
B) $28.
C) $35.
D) $37.
E) None of the answers is correct.