Find the contribution margin per unit

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Reference no: EM13341569

Question

Harris Company produces a single product. Last year, Harris manufactured 17,000 units and sold 13,000 units. Production costs for the year were as follows:

Production Cost Data

Direct materials

$153,000

Direct labor

$110,500

Variable manufacturing overhead

$204,000

Fixed manufacturing overhead

$255,000

Sales were $780,000 for the year, variable selling and administrative expenses were $88,400, and fixed selling and administrative expenses were $170,000. There was no beginning inventory. Assume that direct labor is a variable cost.

The contribution margin per unit was

Reference no: EM13341569

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