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eBook =&inprogress=false L 1. At the break-even point, Jefferson Company sells 125,000 units and has fixed cost of $351,400. The variable cost per unit
eBook =&inprogress=false L 1. At the break-even point, Jefferson Company sells 125,000 units and has fixed cost of $351,400. The variable cost per unit is $0.15. What price does Jefferson per unit? Note: Round to the nearest cent. 2.96 2. Sooner Industries charges a price of $121 and has fixed cost of $391,500. Next year, Sooner expects to sell 18,600 units and make operating income of $169,0 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 per unit % 3. Last year, Jasper Company earned operating income of $28,920 with a contribution margin ratio of 0.3. Actual revenue was $241,000. Calculate the total fixed co Note: Round your answer to the nearest dollar, if required. X 4. Laramie Company has variable cost ratio of 0.45. The fixed cost is $63,250 and 23,000 units are sold at break-even. What is the price? What is the variable cost pe 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 1. Price at Break-Even = (Fixed Cost + Variable Cost)/ Number of Units. Calculate total variable cost with the break-even units and the variable unit cost. or: Price at Break-Even Fixed Cost Feedback
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