Texts: Martine Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows:
Part 13 of 15
Average Cost-Per Unit $3.00 $1.50 $4.00 $2.50 $2.00 $1.00 $50.50
Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative
13. If the selling price is $21.50 per unit, what is the contribution margin per unit? (Do not round intermediate calculations. Round your answer to 2 decimal places.)