Question: Using the data in the contribution margin income statement for Sedona, Inc., below, calculate (1) selling price per unit, $16,000,000 Sedona, Inc. Contribution Margin Income

 Using the data in the contribution margin income statement for Sedona,

Using the data in the contribution margin income statement for Sedona, Inc., below, calculate (1) selling price per unit, $16,000,000 Sedona, Inc. Contribution Margin Income Statement For the Year Ended December 31 Sales (10,000 units) Less variable costs Cost of goods sold $8,000,000 Selling, administrative, and general 4,000,000 Total variable costs Contribution margin Less fixed costs Overhead $1,200,000 Selling, administrative, and general 800,000 Total fixed costs Operating income 12,000,000 $ 4,000,000 2,000,000 $ 2,000,000

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