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1. At the break-even point, Jefferson Company sells 135,000 units and has fixed cost of $348,400. The variable cost per unit is $0.35. What
1. At the break-even point, Jefferson Company sells 135,000 units and has fixed cost of $348,400. The variable cost per unit is $0.35. What price does Jefferson charge per unit? Note: Round to the nearest cent. x 2. Sooner Industries charges a price of $101 and has fixed cost of $486,500. Next year, Sooner expects to sell 19,200 units and make operating income of $184,000. 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 x X % 3. Last year, Jasper Company earned operating income of $18,880 with a contribution margin ratio of 0.2. Actual revenue was $236,000. Calculate the total fixed cost. Note: Round your answer to the nearest dollar, if required. x 4. Laramie Company has variable cost ratio of 0.35. The fixed cost is $200,200 and 28,000 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 x Variable cost per unit x Contribution margin per unit x
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