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For each of the following independent situations, calculate the amount(s) required. Required: At the break-even point, Jefferson Company sells 105,000 units and has fixed cost
For each of the following independent situations, calculate the amount(s) required. Required: At the break-even point, Jefferson Company sells 105,000 units and has fixed cost of dollar 352, 100. The variable cost per unit is dollar 0.40. What price does Jefferson charge per unit? Round to the nearest cent. 2. Sooner Industries charges a price of dollar 112 and has fixed cost of dollar 405,000. Next year, Sooner expects to sell 10, 900 units and make operating income of dollar 185,000. What is the variable cost per unit? What is the contribution margin ratio? and 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 3. Last year, Jasper Company earned operating income of dollar 29, 160 with a contribution margin ratio of 0.3. Actual revenue was dollar 243,000. Calculate the total fixed cost Round your answer to the nearest dollar, if required 4. Laramie Company has variable cost ratio of 0.7. The fixed cost is dollar 104, 980 and 20, 500 units are sold at breakeven. What is the price? What is the variable cost per unit? The contribution margin per unit? (Round answers to the nearest cent.) Price Variable cost per unit Contribution margin per unit
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