Tirri Corporation has provided the following information: If the selling price is $26.20 per unit, the contribution margin per unit sold is closest to:

A) $12.65
B) $6.65
C) $15.45
D) $9.70

Selling Price

The cost at which consumers can purchase a product or service.

Contribution Margin

The amount remaining from sales revenue after all variable expenses have been deducted, indicating how much revenue is contributing to covering fixed expenses and generating profit.

Unit Sold

The total number of individual items or products that have been sold by a business during a given period.