Macy Corporation's relevant range of activity is 6,600 units to 14,000 units. When it produces...
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Accounting
Macy Corporation's relevant range of activity is 6,600 units to 14,000 units. When it produces and sells 10,300 units, its average costs per unit are as follows:
| Average Cost per Unit | ||
| Direct materials | $ | 5.25 |
| Direct labor | $ | 3.70 |
| Variable manufacturing overhead | $ | 1.70 |
| Fixed manufacturing overhead | $ | 3.10 |
| Fixed selling expense | $ | 1.00 |
| Fixed administrative expense | $ | 0.70 |
| Sales commissions | $ | 0.95 |
| Variable administrative expense | $ | 0.60 |
If the selling price is $29.50 per unit, the contribution margin per unit sold is closest to:
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