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Hot Company a producer of salsa has the following information Income tax rate 30 Selling price per unit 800 Variable cost per unit 300 Total fixed costs 9000000 The contribution margin

Hot Company, a producer of salsa, has the following information:
Income tax rate                                  30%
Selling price per unit                         $8.00 
Variable cost per unit                        $3.00 
Total fixed costs                                $90,000.00 
The contribution margin per unit is _____.

a. $2.00
b. $3.00
c. $5.00
d. $8.00

Jun 10 2021 View more View Less

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