Kosco Corporation produces a single product. The company's absorption costing income statement for March follows:
During March, the company's variable production costs were $8 per unit and its fixed manufacturing overhead totaled $5,000. The contribution margin per unit during March was:
A) $8 per unit
B) $12 per unit
C) $10 per unit
D) $3 per unit
Correct Answer:
Verified
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