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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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