Question - A cement manufacturer has supplied the following data:
Tons of cement produced and sold - 257,000
Sales revenue - $1,079,400
Variable manufacturing expense - $426,000
Fixed manufacturing expense - $285,000
Variable selling and administrative expense - $88,000
Fixed selling and administrative expense - $225,000
Net operating income - $55,400
What is the company's unit contribution margin? (Do not round your intermediate calculations.)
$2.00 per unit
$0.22 per unit
$2.20 per unit
$4.20 per unit