Zeke Company Sells 25,000 Units at $21 Per Unit

question 67

Multiple Choice

Zeke Company sells 25,000 units at $21 per unit. Variable costs are $10 per unit, and fixed costs are $75,000. The contribution margin ratio and the unit contribution margin, respectively, are

• A)47% and $11 per unit
• B)53% and $7 per unit
• C)47% and $8 per unit
• D)52% and $11 per unit