A cement manufacturer has supplied the following data: Tons of cement produced and sold 262,000 Sales...

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

Solutions

Expert Solution

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

ekkarill92 answered 1 year ago

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