Question: JB's static budget is based on 1,500 units produced as sold. The company's static budget is as follows: JB Static Budget Sales $15,000 Variable Costs
JB's static budget is based on 1,500 units produced as sold. The company's static budget is as follows: JB Static Budget Sales $15,000 Variable Costs 7,500 Fixed Costs 2,000 Profit $5,500 Assume JB's actual sales are 1,600 units totaling $16,000. Actual variable costs are $8,400, and actual fixed costs are $1,800. Given the above data, what is JB's contribution margin per unit on its static budget? Group of answer choices $10 $5 $3.67 $7,500
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