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Krepps Corporation produces a single product. Last year, Krepps manufactured 33,100 units and sold 27,800 units....

Krepps Corporation produces a single product. Last year, Krepps manufactured 33,100 units and sold 27,800 units. Production costs for the year were as follows:

Direct materials $ 248,250
Direct labor $ 145,640
Variable manufacturing overhead $ 274,730
Fixed manufacturing overhead $ 595,800

Sales totaled $1,320,500 for the year, variable selling and administrative expenses totaled $164,020, and fixed selling and administrative expenses totaled $205,220. There was no beginning inventory. Assume that direct labor is a variable cost.

The contribution margin per unit was:

Garrison 16e Rechecks 2017-09-30

Multiple Choice

  • $16.90 per unit

  • $21.40 per unit

  • $22.50 per unit

  • $27.30 per unit

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