The Jefferson Supply Company experienced the following costs in 2010:

Direct materials $3.50/unit
Direct labor $2.55/unit
Manufacturing Overhead Costs
Variable $1.50/unit
Fixed $20,000
Selling & Administrative Costs
Variable selling $2.15/unit
Fixed selling $8,000
Fixed administrative $7,000

During the year, the company manufactured 19,000 units and sold 20,000 units. If the average selling price per unit was $12, how much was the company’s contribution margin for 2010?

Answer rating: 100% (QA)

total units sold 20000 Per unit cost 3525... View the full answer