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Figure 8-7
the Income Statement for Thomas Manufacturing Company for 2011

question 19

Multiple Choice

Figure 8-7
The income statement for Thomas Manufacturing Company for 2011 is as follows:  Sales (10,000 units)  £120,000 Variable expenses 72,000 Contribution margin £48,000 Fixed expenses 36,000 Operating income £12,000\begin{array}{lr}\text { Sales }(10,000 \text { units) } & £ 120,000 \\\text { Variable expenses } & 72,000 \\\text { Contribution margin } & £ 48,000 \\\text { Fixed expenses } &{36,000}\\\text { Operating income } & £ 12,000\end{array}
-Refer to Figure 8-7. What is the contribution margin per unit?


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