Biology Forums - Study Force

Schwiesow Corporation has provided the following information:

	Cost per Unit	Cost per Period
Direct materials	$ 7.05
Direct labor	$ 3.50
Variable manufacturing overhead	$ 1.65
Fixed manufacturing overhead		$ 11,000
Sales commissions	$ 1.00
Variable administrative expense	$ 0.40
Fixed selling and administrative expense		$ 5,500

If the selling price is $18.70 per unit, the contribution margin per unit sold is closest to:

▸ $5.10

▸ $1.80

▸ $4.30

▸ $8.15

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