Refer to the Stealth Software Inc -If the Software Had a Sales Price of $30 Per

Refer to the Stealth Software Inc. information below.
Stealth Software Inc.
Stealth Software Inc. has the following information available from last year for one of its software products:
$\begin{array}{lr}\text { Sales revenue } & \$ 30000 \\\text { Variable costs } & 4950 \\\text { Fixed costs } & 4000 \\\text { Net income } & \$ 21050\end{array}$
-If the software had a sales price of $30 per unit,what is the contribution margin per unit?

A) $34.95
B) $21.05
C) $25.05
D) Cannot be determined

Correct Answer:

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