Zeke Company sells 25,000 units at $21 per unit. Variable costs are $10 per unit, and fixed costs are $75,000. The contribution margin ratio and the unit contribution margin are:

1. 52% and $11 per unit

2. 47% and $11 per unit

3. 47% and $8 per unit

4. 53% and $7 per unit

Answer rating: 100% (QA)

Selling Price 21 Variable cost per un... View the full answer