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1. At the break-even point, Jefferson Company sells 115,000 units and has fixed cost of $354,400. The variable cost per unit is $0.30. What price
1. At the break-even point, Jefferson Company sells 115,000 units and has fixed cost of $354,400. The variable cost per unit is $0.30. What price does Jefferson charge per unit? Note: Round to the nearest cent. $1 3.34 2. Sooner Industries charges a price of $83 and has fixed cost of $377,000. Next year, Sooner expects to sell 16,000 units and make operating income of $163,000. What is the variable cost per unit? What is the contribution margin ratio? Note: Round your variable cost per unit answer to the nearest cent. Enter the contribution margin ratio as a percentage, rounded to two decimal places. Variable cost per unit Contribution margin ratio % 3. Last year, Jasper Company earned operating income of $18,720 with a contribution margin ratio of 0.2. Actual revenue was $234,000. Calculate the total fixed cost. Note: Round your answer to the nearest dollar, if required. $ 4. Laramie Company has variable cost ratio of 0.30. The fixed cost is $109,200 and 26,000 units are sold at break-even. What is the price? What is the variable cost per unit? The contribution margin per unit? Note : Do NOT round interim computations. Round answers to the nearest cent. Price $ Variable cost per unit Contribution margin per unit
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