Answer the following questions using the information below:
Sherry's Custom Jewelry sells a single product. 700 units were sold resulting in $7,000 of sales revenue, $2,800 of variable costs, and $1,200 of fixed costs.
-Contribution margin per unit is:
A)$4.00
B)$4.29
C)$6.00
D)None of these answers are correct.

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The Answer of Answer the following questions using the information below:
Sherry's Custom Jewelry sells a single product. 700 units were sold resulting in $7,000 of sales revenue, $2,800 of variable costs, and $1,200 of fixed costs.
-Contribution margin per unit is:
A)$4.00
B)$4.29
C)$6.00
D)None of these answers are correct.

Answer the Following Questions Using the Information Below