Kilihea Corporation Produces a Single Product

question 171

Multiple Choice

Kilihea Corporation produces a single product. The company's absorption costing income statement for July follows: The company's variable production costs are $20 per unit and its fixed manufacturing overhead totals $80,000 per month.
-The contribution margin per unit during July was:

• A)$17
• B)$20
• C)$25
• D)$6

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