Question

Shine Jewelry sells

400400

units resulting in

$ 9 comma 000$9,000

of sales​ revenue,

$ 4 comma 000$4,000

of variable​ costs, and​ $1,500 of fixed costs.

Contribution margin per unit is​ ________.

Answer 1

• All working forms part of the answer

A	Sales Revenue	$              9,000.00
B	Variable cost	$              4,000.00
C = A - B	Contribution margin	$              5,000.00
D	No. of units	400
E = C/D	Contribution margin per unit	$                    12.50

• Answer = $ 12.50 per unit