Exercise 11-12 In 2016, Swifty Company had a break-even point of $483,000 based on a selling price of $7 per unit and fixed costs of $193,200. In 2017, the selling price and the variable costs per unit did not change, but the break-even point increased to $590,000 Compute the variable costs per unit and the contribution margin ratio for 2016. (Round Variable cost per unit to 2 decimal places, e.g. 2.25 and Contribution margin ratio to O decimal places, e.g. 20. Variable costs per unit Contribution margin ratio LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS Compute the increase in fixed costs for 2017 Increase in fixed cost Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT LINK TO TEXT VIDEO: APPLIED SKILLS