Book Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of...

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Book Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required.) Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has fixed cost of $350,700. The variable cost per unit is $0.15. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $92 and has fixed cost of $456,000. Next year, Sooner expects to sell 14,300 units and make operating income of $199,000. 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 $29,400 with a contribution margin ratio of 0.3. Actual revenue was $245,000. Calculate the total fixed cost. Note: Round your answer to the nearest dollar, if required. 4. Laramie Company has variable cost ratio of 0.35. The fixed cost is $135,200 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 Check My Work Previous Next All work saved. Email Instructor Save and Exit Submit Assignment for Grading Book Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required.) Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has fixed cost of $350,700. The variable cost per unit is $0.15. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $92 and has fixed cost of $456,000. Next year, Sooner expects to sell 14,300 units and make operating income of $199,000. 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 $29,400 with a contribution margin ratio of 0.3. Actual revenue was $245,000. Calculate the total fixed cost. Note: Round your answer to the nearest dollar, if required. 4. Laramie Company has variable cost ratio of 0.35. The fixed cost is $135,200 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 Check My Work Previous Next All work saved. Email Instructor Save and Exit Submit Assignment for Grading