# The Goldfarb Company manufactures and sells toasters. Each toaster sells for \$24.45 and the variable cost per unit is \$16.65. Goldfarb's total fixed costs are \$25,700, and budgeted sales are 8,700 units. What is the contribution margin per unit?

\$67860

Explanation:

sell price of each toaster= \$24.45

variable cost per unit= \$16.65

total fixed cost= \$25,700

number of unit sold x= 8700

the formula for contribution margin is

= sales price- variable cost

= (s-v)x

putting values we get

=

= \$67860

Hence the contribution margin the above case will be \$67860

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