In 2019, Sandhill Company had a break-even point of $271,000 based on a selling price of $4 per unit and fixed costs of $135,500. In 2020, the selling price and the varie change, but the break-even point increased to $441,000. Compute the variable costs per unit and the contribution margin ratio for 2019. (Round Variable cost per unit to 2 decimal places, e.g. 2.25 and Contribution mar places, e.g. 20.) Variable costs per unit Contribution margin ratio % Compute the increase in fixed costs for 2020. Increase in fixed cost Click if you would like to show Work for this question: 0200 Show Work SAVE FOR Question Attempts: Unlimited Sheridan Company had $183,900 of net income in 2019 when the selling price per unit was $155, the variable costs per unit were $95, and the fixed costs were $572,100. Management expects p unit data and total fixed costs to remain the same in 2020. The president of Sheridan Company is under pressure from stockholders to increase net income by $50,400 in 2020 Compute the number of units sold in 2019. units Compute the number of units that would have to be sold in 2020 to reach the stockholders' desired profit level units Assume that Sheridan Company sells the same number of units in 2020 as it did in 2019. What would the selling price have to be in order to reach the stockholders' desired profit level? New selling price Ivanhoe Company reports the following operating results for the month of August: sales $375,000 (units 5,000), variable costs $257,000, and fixed costs $95,000. Managemen following independent courses of action to increase net income 1. Increase selling price by 12% with no change in total variable costs or units sold. 2. Reduce variable costs to 61% of sales. Compute the net income to be earned under each alternative 1. Net Income $ 2. Net Income $ Which course of action will produce the higher net income? Blossom provides shuttle service between four hotels near a medical center and an international airport. Blossom uses two 10-passenger vans to offer 12 round trips per day. A reo activity in the form of a cost-volume-profit Income statement is shown below. Sales (1,450 passengers) $33,350 Variable costs Fuel $4,109 Tolls and parking 1,860 Maintenance 701 6,670 Contribution margin 26,680 Fixed costs Salaries 13,700 Depreciation 2,900 Insurance 1,800 18,400 Net income $8,280 Calculate the break-even point in dollars. Break-even point Calculate the break-even point in number of passengers. Rreak even nint Dassengers Depreciation Insurance 2,900 1,800 18,400 $8,280 Net income Calculate the break-even point in dollars. Break-even point Calculate the break-even point in number of passengers. Break-even point passengers Without calculations, determine the contribution margin at the break-even point. Contribution margin at the break-even point