Current Attempt in Progress 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 $8,268,000 1.749,000 3,339,000 Cullumber can produce 1,590,000 million cases a year. The projected net income for the coming year is expected to be $1,908,000 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 fixed administrative expenses will increase by $159,000. All other costs and expenses are expected to remain the same. MacBook Air Question 9 of 10 0.33/1 ili Your answer is correct. Calculate contribution margin per unit for the coming year. (Round contribution margin per unit to 2 decimal places, es 0.38) Contribution margin per unit $ 10.50 e Textbook and Media Attempts: 1 of 3 used (a2) * Your answer is incorrect What amount of sales revenue will Cullumber need to achieve in the coming year to earn the projected net income of $1,908,000 million?(Use the rounded contribution margin per unit calculated in the previous part to compute Sales Revenue. Round answer to decimal places, eg. 25,000) $ 63600000 Sales revenue