Pedregon Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...

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Pedregon Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...

Pedregon Corporation has provided the following information:

	Cost per Unit		Cost per Period
Direct materials	$	7.15
Direct labor	$	3.90
Variable manufacturing overhead	$	1.40
Fixed manufacturing overhead			$	16,200
Sales commissions	$	0.60
Variable administrative expense	$	0.70
Fixed selling and administrative expense			$	6,600

If the selling price is $21.70 per unit, the contribution margin per unit sold is closest to:

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Answer 1

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Answer #1

Selling price per unit		$21.70
Less: Variable cost per unit:
Direct material	$7.15
Direct labor	3.90
Variable manufacturing overhead	1.40
Sales commission	0.60
Variable administrative expense	0.70
Total variable cost		(13.75)
Contribution margin per unit		$7.95

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Answer 2

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