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Drake Company's income statement for the most recent year appears below: Sales (26,000 units) 650,000 Less: Variable expenses 442,000 Contribution...

Drake Company's income statement for the most recent year appears below:
  Sales (26,000 units) 650,000  
  Less: Variable expenses 442,000  
  Contribution margin 208,000  
  Less: Fixed expenses 234,000  
  Net operating loss (26,000)
Reference: 6-3
The unit contribution margin is:
   a.17.00
  b. 9.00
  c. 1.00
   d.8.00

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