What is the company”s unit contribution margin?
A tile manufacturer has supplied the following data:
Boxes of tiles produced and sold
580,000
Sales revenue
$2,842,000
Variable manufacturing expense
1,653,000
Fixed manufacturing expense
784,000
Variable selling and administrative expense
145,000
Fixed selling and administrative expense
128,000
Net operating income
$132,000
What is the company”s unit contribution margin?
A) $0.23
B) $4.90
C) $3.10
D) $1.80