Basic Break-Even Calculations Suppose that Larimer Company sells a product for $21. Unit costs are as follows: Direct matenals $4.47 Direct labor $2.30 Variable factory overhead $1.00 Variable selling and administrative expense $2.00 Total fixed factory overhead is $29,500 per year, and total fixed selling and administrative expense is $5,313, This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. X Open spreadsheet Required: 1. Calculate the variable cost per unit and the contribution margin per unit. Round your answers to the nearest cent. Unit Variable Cost Unit Contribution Margin 2. Calculate the contribution margin ratio and the variable cost ratio, Round your answers to the nearest whole number. Contribution Margin Ratio Vanable Cost Ratio % Required: 1. Calculate the variable cost per unit and the contribution margin per unit. Round your answers to the nearest cent. Unit Variable Cost Unit Contribution Margin 2. Calculate the contribution margin ratio and the variable cost ratio. Round your answers to the nearest whole number Contribution Margin Ratio Vanable Cast Ratio % 3. Calculate the break-even units, Round your answer to the nearest whole number. Break Even Units units