Greenwood Company sells a product for $17 per unit, variable cost is $12 per unit, and the total fixed cost is $6,000.What is the per unit contribution margin?
A) $4
B) $15
C) $20
D) $5

Name: Greenwood Company sells a product for $17 per unit, variable cost is $12 per unit, and the total fixed cost is $6,000.What is the per unit contribution margin? A) $4 B) $15 C) $20 D) $5
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Question

Quizplus · Accepted Answer

Unit Contribution Margin = Price - Unit Variable Cost
Unit contribution margin = $17 - $12 = $5

Greenwood Company Sells a Product for $17 Per Unit, Variable