A recent income statement of Harper Tech Solutions Ltd. reported the following data: Sales Revenue $9,000,000, Variable Costs $6,750,000, Fixed Costs $2,400,000, If these data are based on the sale of 20,000 units, the contribution margin per unit would be: a. $112.50 b. $115.00 c. $112.00 d. $110.00

Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter11: Cost-volume-profit Analysis
Section: Chapter Questions
Problem 11.16E
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Financial Accounting

A recent income statement of Harper Tech Solutions Ltd. reported the following
data: Sales Revenue $9,000,000, Variable Costs $6,750,000, Fixed Costs
$2,400,000, If these data are based on the sale of 20,000 units, the contribution
margin per unit would be:
a. $112.50
b. $115.00
c. $112.00
d. $110.00
Transcribed Image Text:A recent income statement of Harper Tech Solutions Ltd. reported the following data: Sales Revenue $9,000,000, Variable Costs $6,750,000, Fixed Costs $2,400,000, If these data are based on the sale of 20,000 units, the contribution margin per unit would be: a. $112.50 b. $115.00 c. $112.00 d. $110.00
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