Multiple Choice
The selling price of a widget is $15 and the fixed cost per month is $4,800. The variable cost per widget is $9. Calculate the contribution margin per unit.
A) $24
B) $9
C) $8
D) $6
E) $5
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q86: Shannon Vale is considering the start-up of
Q87: Enrique is studying the feasibility of producing
Q88: A company makes gadgets selling for $15
Q89: A company expects to sell 30,000 ball
Q90: Cando Manufacturing makes lamps that retail at
Q91: How many units must be sold per
Q92: A new product is expected to sell
Q93: Cando Manufacturing makes lamps that retail at
Q94: A small business calculates that its monthly
Q96: The current annual budget for Armstrong Ltd.