The controller of Samson Electronics is evaluating the unit contribution margin for the GPS receivers for the first quarter of the year. If 20 GPS receivers are produced and sold during June at a unit selling price of $100, with a fixed cost per unit of $5, and variable costs totaling $800, how much is the unit contribution margin for the each GPS receiver? a. $60
B) $100
C) $55
D) $40
Correct Answer:
Verified
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