Herman Loebl Company,a Producer of Salsa,has the Following Information The Contribution Margin Per Unit Is ________

Multiple Choice

Herman Loebl Company,a producer of salsa,has the following information:
$\begin{array}{ll}\text { Income tax rate } & 30 \% \\\text { Selling price per unit } & \$ 8.00 \\\text { Variable cost per unit } & \$ 3.00 \\\text { Total fixed costs } & \$ 90,000.00\end{array}$
The contribution margin per unit is ________.

A) $2.00
B) $3.00
C) $5.00
D) $8.00