Sparkle Jewelry Sells 800 Units Resulting in $9,000 of Sales

Multiple Choice

Sparkle Jewelry sells 800 units resulting in $9,000 of sales revenue, $3,000 of variable costs, and $1,500 of fixed costs. Contribution margin per unit is ________. (Round the final answer to the nearest cent.)

A) $13.75
B) $11.25
C) $7.50
D) $5.00