Answer:
$6.5 per unit
Explanation:
Given the above information, we know that the formula to calculate unit contribution margin is
= Contribution margin / Total number of calculators sold
Given that;
Total number of calculators sold = 370,000
Sales = $3,700,000
Variable cost = $1,295,000
First, we need to calculate the contribution margin
= Sales - Variable cost
= $3,700,000 - $1,295,000
= $2,405,000
Therefore, the unit contribution margin
= $2,405,000 / 370,000
= $6.5 per unit.
