The following information relates to Clyde Corporation which produced and sold 53,000 units last month....
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Accounting
| The following information relates to Clyde Corporation which produced and sold 53,000 units last month. |
| Sales | $1,060,000 |
| Manufacturing costs: | |
| Fixed | $210,000 |
| Variable | $166,700 |
| Selling and administrative: | |
| Fixed | $300,000 |
| Variable | $ 45,300 |
| There were no beginning or ending inventories. Production and sales next month are expected to be 43,000 units. The company's unit contribution margin next month should be: (Round your intermediate calculations and final answer to 2 decimal places) |
$19.60
$3.40
$8.58
$16.00
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