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1. At the break-even point, Jefferson Company sells 95,000 units and has fixed cost of $351,500. The variable cost per unit is $0.30. What
1. At the break-even point, Jefferson Company sells 95,000 units and has fixed cost of $351,500. The variable cost per unit is $0.30. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $123 and has fixed cost of $466,000. Next year, Sooner expects to sell 15,900 units and make operating income of $168,000. 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 per unit % 3. Last year, Jasper Company earned operating income of $19,520 with a contribution margin ratio of 0.2. Actual revenue was $244,000. Calculate the total fixed cost. Note: Round your answer to the nearest dollar, if required. 4. Laramie Company has variable cost ratio of 0.45. The fixed cost is $88,000 and 20,000 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 SA Contribution margin per unit $
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Step: 1
1 To calculate the price per unit for Jefferson Company we can use the formula for the breakeven point Total Cost Fixed Cost Variable Cost per unit Nu...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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