Multiple Choice
Krepps Corporation produces a single product. Last year, Krepps manufactured 32,210 units and sold 26,700 units. Production costs for the year were as follows:
Sales totaled $1,241,550 for the year, variable selling and administrative expenses totaled $138,840, and fixed selling and administrative expenses totaled $199,702. There was no beginning inventory. Assume that direct labor is a variable cost.The contribution margin per unit was:
A) $26.30 per unit
B) $21.10 per unit
C) $16.80 per unit
D) $22.80 per unit
Correct Answer:

Verified
Correct Answer:
Verified
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