Cooper Company expects to sell 290,000 units of its product next year, which would generate total sales of $27,260,000. Management predicts that pretax net income for next year will be $1,340,000 and that the contribution margin per unit will be $16.

 

Complete the below table to calculate the next year's total expected variable costs and fixed costs.

 

COOPER COMPANY Forecasted Contribution Margin Income Statement Units $ per unit 290,000 Contribution margin $ 16