Rose Corporation has a contribution margin of $46,800, variable costs of $15.66 per unit, and fixed costs of $36,000. If Rose sold 9,000 units, what was the unit sales price? Multiple Choice $20.88 $5.20 $18.26 $20.86

Rose Corporation has a contribution margin of $46,800, variable costs of $15.66 per unit, and fixed costs of $36,000. If Rose sold 9,000 units, what was the unit sales price? Multiple Choice $20.88 $5.20 $18.26 $20.86

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Rose Corporation has a contribution margin of $46,800, variable costs of $15.66 per unit, and fixed costs of $36,000. If Rose sold 9,000 units, what was the unit sales price?

Multiple Choice

$20.88
$5.20
$18.26
$20.86

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