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Kelsay Corporation has provided the following contribution format income statement. Assume that the ...

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Kelsay Corporation has provided the following contribution format income statement. Assume that the ...

Kelsay Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range.

Sales (9,000 units)	$ 540,000
Variable expenses	405,000
Contribution margin	135,000
Fixed expenses	130,500
Net operating income	$ 4,500

The contribution margin per unit is closest to:

▸ $15.00

▸ $0.50

▸ $45.00

▸ $60.00

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

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