In: Accounting
A cement manufacturer has supplied the following data:
| Tons of cement produced and sold | 262,000 | |
| Sales revenue | $ | 1,179,000 | 
| Variable manufacturing expense | $ | 431,000 | 
| Fixed manufacturing expense | $ | 228,000 | 
| Variable selling and administrative expense | $ | 93,000 | 
| Fixed selling and administrative expense | $ | 218,000 | 
| Net operating income | $ | 209,000 | 
What is the company's unit contribution margin? (Round your intermediate calculations to 2 decimal places.)
Multiple Choice
$2.00 per unit
$0.52 per unit
$4.50 per unit
$2.50 per unit
| The correct answer is $2.50 per unit | |
| Unit contribution margin | |
| Sales revenue | 1,179,000 | 
| Less :Variable manufacturing expense | 431,000 | 
| Less : Variable selling and administrative expense | 93,000 | 
| Contribution margin | 655,000 | 
| Tons of cement produced and sold | 262,000 | 
| Unit contribution margin | 2.50 |