Kilihea Corporation produces a single product. The company's absorption costing income statement for July follows: The company's variable production costs are $20 per unit and its fixed manufacturing overhead totals $80,000 per month.
-The contribution margin per unit during July was:
A)$17
B)$20
C)$25
D)$6

Question

Kilihea Corporation produces a single product. The company's absorption costing income statement for July follows: The company's variable production costs are $20 per unit and its fixed manufacturing overhead totals $80,000 per month.
-The contribution margin per unit during July was:
A)$17 
B)$20 
C)$25 
D)$6

Quizplus · Accepted Answer

The Answer of Kilihea Corporation produces a single product. The company's absorption costing income statement for July follows: The company's variable production costs are $20 per unit and its fixed manufacturing overhead totals $80,000 per month.
-The contribution margin per unit during July was:
A)$17 
B)$20 
C)$25 
D)$6

Kilihea Corporation Produces a Single Product