At a volume of 50,000 units, MGMT Incorporated reported sales revenues of $2,050,000, variable costs of $550,000, and fixed costs of $360,000. The company's contribution margin per unit is:
A) $7.20.
B) $11.00.
C) $18.20.
D) $22.80.
E) $30.00.
Correct Answer:
Verified
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