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Sagot :
The contribution margin per unit is $7.4.
What is the contribution margin?
The contribution margin is the percentage of a product's sales revenue that isn't consumed by variable costs and goes toward paying the firm's fixed expenses.
One of the main components of break-even analysis is the idea of contribution margin.
Labor-intensive businesses with limited fixed expenses typically have low contribution margins, whereas capital-intensive, industrial corporations typically have high contribution margins.
Contribution margin per unit = Revenue per Unit ₋ Variable Expenses per Unit.
Contribution margin per unit = $23.55 ₋ $16.15
Contribution margin per unit = $7.4
Therefore, the contribution margin per unit is $7.4.
To know more about contribution margin refer to: https://brainly.com/question/14950546
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