Grover Company has the following data for the production and sale of 2,000 units. Sales price per unit$800per unitFixed costs: Marketing and administrative$400,000per periodManufacturing overhead$200,000per periodVariable costs: Marketing and administrative$50per unitManufacturing overhead$80per unitDirect labor$100per unitDirect materials$200per unitWhat is the contribution margin per unit?
A. $320
B. $430
C. $370
D. $70
Answer: C
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