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The Income Statement for Thompson Manufacturing Company Is as Follows

Question 26

Multiple Choice

The income statement for Thompson Manufacturing Company is as follows: What is the contribution margin per unit?
 Sales (10,000 units ) $150,000 Variable expenses 102,000 Contribution margin $48,000 Fixed expenses 36,000 Operating income $12,000\begin{array}{lr}\text { Sales }(10,000 \text { units }) & \$ 150,000 \\\text { Variable expenses } & 102,000 \\\hline\text { Contribution margin } & \$ 48,000 \\\text { Fixed expenses } & 36,000 \\\text { Operating income } & \$ 12,000\end{array}


A) $1.20
B) $4.80
C) $7.20
D) $120,000.00

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