Cullumber Company produces a molded briefcase that is distributed to luggage stores. The following operating data for the current year has been accumulated for planning purposes. Sales price Variable cost of goods sold Variable selling expenses Variable administrative expenses $34 10 9.0 3 Annual fixed expenses Overhead Selling expenses Administrative expenses $9.984,000 2.112.000 4,032.000 Cullumber can produce 1.920,000 million cases a year. The projected net income for the coming year is expected to be $2,304,000 million. Cullumber is subject to a 40% income tax rate. During the planning sessions, Cullumber's managers have been reviewing costs and expenses. They estimate that the company's variable cost of goods sold will increase 15% in the coming year and that foed administrative expenses will increase by $192,000 All other costs and expenses are expected to remain the same. Calculate contribution margin per unit for the coming year. (Round contribution margin per unit to 2 decimal places, eg. 0.38.) Contribution margin per unit S 10.5 What amount of sales revenue will Cullumber need to achieve in the coming year to earn the projected net income of $2,304,000 million? (Use the rounded contribution margin per unit calculated in the previous part to compute Sales Revenue. Round answer to decimal places, es. 25,000.) Sales revenue 65280000 (b) What price would Cullumber need to charge for the briefcase in the coming year to maintain the current year's contribution margin ratio? (Round ratio to 0 decimal places, s. 25. Round per unit answer to 2 decimal places, 63.0.38) $ Price