An asphalt manufacturer has supplied the following data: T…
An asphalt manufacturer has supplied the following data: Tons of asphalt produced and sold 245,000 Sales revenue $ 1,053,500 Variable manufacturing expense $ 427,000 Fixed manufacturing expense $ 286,000 Variable selling and administrative expense $ 63,000 Fixed selling and administrative expense $ 226,000 Net operating income$ 51,500 What is the company’s contribution margin per unit? (Round your intermediate calculations to 2 decimal places.)