Lester Company has a single product. The selling price is P50 and variable cost is P30 per unit. The company’s fixed expenses are P200,000 per month. What is the company’s unit contribution margin?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter3: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 3MC: A companys product sells for $150 and has variable costs of $60 associated with the product. What is...
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19 Lester Company has a single product. The selling price is P50 and variable cost is P30 per unit. The company’s fixed expenses are P200,000 per month. What is the company’s unit contribution margin?
 
P20
P80
P30
P50
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