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What is the contribution margin per unit sold for recurring

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Reference no: EM132842948

Question - The following cost information pertained to the Violin Division of Stringing Music Co. and was based on monthly demand and sales of 100 units:

Per-Unit Costs Variable production costs: Direct materials $320, Direct labor 350, Variable factory overhead 260, Fixed production costs: Depreciation (equipment) 220, Factory rent 248, Other 52, Total production cost $1,450, Variable selling & administrative costs $64 per unit, Fixed selling & administrative costs $76 per unit.

Given a normal selling price per unit of $1,400, what is the contribution margin per unit sold for recurring (i.e., normal) sales?

Reference no: EM132842948

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