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Ito Company Has Provided the Following Information Calculate the Contribution Margin Per Unit

Question 228

Multiple Choice

Ito Company has provided the following information:  Price per unit $42 Variable cost per unit 16 Fixed costs per month $25,000\begin{array} { | l | r | } \hline \text { Price per unit } & \$ 42 \\\hline \text { Variable cost per unit } & 16 \\\hline \text { Fixed costs per month } & \$ 25,000 \\\hline\end{array} Calculate the contribution margin per unit.


A) $26
B) $42
C) $58
D) $10

Correct Answer:

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