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Tirri Corporation has provided the following information: Cost per UnitCost per PeriodDirect ...

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Tirri Corporation has provided the following information: Cost per UnitCost per PeriodDirect ...

Tirri Corporation has provided the following information:

	Cost per Unit	Cost per Period
Direct materials	$ 6.85
Direct labor	$ 3.90
Variable manufacturing overhead	$ 1.25
Fixed manufacturing overhead		$ 22,500
Sales commissions	$ 1.00
Variable administrative expense	$ 0.55
Fixed selling and administrative expense		$ 7,500

If the selling price is $26.20 per unit, the contribution margin per unit sold is closest to:

▸ $12.65

▸ $6.65

▸ $15.45

▸ $9.70

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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