The Goldfarb Company Manufactures and Sells Toasters

question 114

Multiple Choice

The Goldfarb Company manufactures and sells toasters.Each toaster sells for $23.75 and the variable cost per unit is $16.25.Goldfarb's total fixed costs are $25,000,and budgeted sales are 8,000 units.What is the contribution margin per unit?

• A)$7.50.
• B)$16.25.
• C)$23.75.
• D)$60,000.
• E)$1.25.

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