General accounting question The variable cost is $12 per unit for a product that sells for $35. For 3,000 units, what is thecontribution margin and contribution margin per unit?A. $36,000; $12B. $69,000; $23C. $105,000; $35D. $36,000; $23

Step 1: Definition of Contribution MarginContribution margin is the difference between the selling…

Answered: The variable cost is $12 per unit for a…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter3: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 1EA: Calculate the per-unit contribution margin of a product that has a sale price of $200 if the...

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The variable cost is $12 per unit for a product that sells for $35. For 3,000 units, what is the contribution margin and contribution margin per unit? A. $36,000; $12 B. $69,000; $23 C. $105,000; $35 D. $36,000; $23