Kennedy, Inc Is the Variable Cost Per Unit of a Skateboard Using

Kennedy, Inc. provided the following information regarding its one and only product-a skateboard: $$\begin{array} { l l } \text { Fixed manufacturing costs } & \$ 420,000 \\\text { Fixed selling and adminis trative costs } & 80,000 \\\text { Fixed manufacturing costs } & 42,000 \\\text { Fixed selling and adminis trative costs } & 80,000 \\\text { Variable manuf acturing costs } & 1,550,000 \\\text { Variable s elling and administrative costs } & 220,000 \\\text { Selling unit price } & 100 \\\text { Units produced and sold } & 20,000\end{array}$$ is the variable cost per unit of a skateboard using the contribution approach.

A) $88.50
B) $11.50
C) $77.50
D) $67.50