Drake Company's contribution format income statement for the most recent year appears below:
-The unit contribution margin is:

Name: Drake Company's contribution format income statement for the most recent year appears below: -The unit contribution margin is:
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Question

Drake Company's contribution format income statement for the most recent year appears below: 
-The unit contribution margin is:

Quizplus · Accepted Answer

Unit contribution margin = Selling price per unit - Variable expenses per unit = P - V
= ($650,000 F1F1F1S1F1F1F10 26,000 units)- ($442,000 F1F1F1S1F1F1F10 26,000 units)
= $25 per unit - $17 per unit = $8 per unit

Drake Company's Contribution Format Income Statement for the Most Recent