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In 2021, Oriole Co. had break-even sales dollars of $856,800 based on a selling price of $10.5 per unit and foxed costs of $252,960.
In 2021, Oriole Co. had break-even sales dollars of $856,800 based on a selling price of $10.5 per unit and foxed costs of $252,960. In 2022, the selling price and variable costs per unit did not change, but break-even sales dollars increased to $890,000 Your answer is correct. Compute the variable cost per unit and the contribution margin ratio for 2021. (Round answers to 2 decimal places, eg 52.75) Variable cost 740 per unit Contribution margin ratio. 29.52 (%) eTextbook and Media X Your answer is incorrect. Using the contribution margin ratio, compute the increase in fixed costs for 2022 Increase in fixed costs $ eTextbook and Media 262728
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