Goldfarb Company manufactures and sells toasters. Each toaster sells for $23.35 and the variable cost per unit is $16.15. Goldfarb's total fixed costs are $24,600, and budgeted sales are 7,600 units. What is the contribution margin per unit? Goldfarb Company manufactures and sells toasters. Each toaster sells for $23.35 and the variable cost per unit is $16.15. Goldfarb's total fixed costs are $24,600,and budgeted sales are 7,600 units. What is the contribution margin per unit?Multiple Choice$16.15.$54,720.$23.35.$7.20.$1.20.

Contribution margin per unit = Selling price per unit - variable cost per unit

Goldfarb Company manufactures and sells toasters. Each toaster sells for $23.35 and the variable cost per unit is $16.15. Goldfarb's total fixed costs are $24,600, and budgeted sales are 7,600 units. What is the contribution margin per unit? Multiple Choice $16.15. $54,720. $23.35. $7.20. $1.20.

Goldfarb Company manufactures and sells toasters. Each toaster sells for $23.35 and the variable cost per unit is $16.15. Goldfarb's total fixed costs are $24,600, and budgeted sales are 7,600 units. What is the contribution margin per unit? Multiple Choice $16.15. $54,720. $23.35. $7.20. $1.20.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 11EA: Salvador Manufacturing builds and sells snowboards, skis and poles. The sales price and variable...

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