Emeka Company Has Provided the Following Information Calculate the Contribution Margin Per Unit

question 39

Multiple Choice

Emeka Company has provided the following information: $$\begin{array} { | l | r | } \hline \text { Sales price per unit } & \$ 52 \\\hline \text { Variable cost per unit } & 16 \\\hline \text { Fixed costs per month } & \$ 14,000 \\\hline\end{array}$$ Calculate the contribution margin per unit.

• A)$36.00
• B)$52.00
• C)$68.00
• D)$16.00

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Definitions:

Property

Assets or possessions, either tangible or intangible, owned by individuals or entities.

Restrictive Covenant

A promise to use or not to use one’s land in particular ways.

Homeowners' Association

An organization in a subdivision, planned community, or condominium building that makes and enforces rules for the properties and its residents.

Rentals

Payments made periodically for the use of someone else's property or equipment.