Sanchez & Ryan, Inc, Sells a Single Product

question 109

Multiple Choice

Sanchez & Ryan, Inc, sells a single product. This year, 20,000 units were sold resulting in $130,000 of sales revenue, $60,000 of variable costs, and $17,500 of fixed costs.
-The contribution margin per unit is:

• A)$6.50.
• B)$3.50.
• C)$3.00.
• D)$1.75.

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Definitions:

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