Wilson's Meats Has Computed Its Fixed Costs to Be

Wilson's Meats has computed its fixed costs to be $.60 for every pound of meat it can sell given an average daily sales level of 500 pounds.It charges $3.79 per pound of top-grade ground beef.The variable cost per pound is $2.99.What is the contribution margin per pound of ground beef sold?

A) $.30
B) $.80
C) $.90
D) $2.99
E) $3.89