A manufacturer of potting soil has the following financial data:
Pounds produced and sold 23,900
Sales $189,800
Less: Variable manufacturing costs 121,000
Fixed manufacturing costs 10,000
Variable selling and administrative costs 30,900
Fixed selling and administrative costs 15,900
Net operating income $12,000
(a) What is the company’s unit contribution margin? (Round answer to 2 decimal places, e.g. 1.64.)
Unit contribution margin_____________ $