FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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What is the contribution margin per unit?

For Swifty Corporation at a sales level of 4,000 units,
sales is $75,000, variable expenses total $68,000, and
fixed expenses are $21,000.
What is the contribution margin per unit?
a. $17
b. $1.75
c. $18.75
d. $5.25
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Transcribed Image Text:For Swifty Corporation at a sales level of 4,000 units, sales is $75,000, variable expenses total $68,000, and fixed expenses are $21,000. What is the contribution margin per unit? a. $17 b. $1.75 c. $18.75 d. $5.25
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