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Cleary Company manufactures and sells a single product. The company's sales and expenses for last year follow (Click the icon to view the information.) Read

Cleary Company manufactures and sells a single product. The company's sales and expenses for last year follow (Click the icon to view the information.) Read the requirements. Requirement 1. Fill in the missing numbers in the table. Use the following questions to help fill in the missing numbers in the table: a. What is the total contribution margin? The total contribution margin is $ 50,000 b. What is the total variable expense? The total variable expense is $ 75,000 c. How many units were sold? 5,000 units were sold. d. What is the per-unit variable expense? The per-unit variable expense is $ 15 e. What is the per-unit contribution margin? The per-unit contribution margin is $ 10 Now fill in the missing numbers in the table. (Enter the percentages as whole numbers, "XX") Total Per Unit % Sales $ 125,000 $ 25 100% Variable expenses 75,000 15 100 % 10 Contribution margin 50,000 100 % Fixed expenses... Operating income 12,500 $ 37,500 Data table % 25 2 Sales... Variable expenses... Contribution margin. Total $ 125,000 $ ? Per Unit 22 ? 12,500 Fixed expenses... $ 37,500 Operating income Print Done 2 2

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