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In 2021, Sheridan Company had a break-even point of $354,000 based on a unit selling price of $4.00 and fixed costs of $141,600. In 2022,

In 2021, Sheridan Company had a break-even point of $354,000 based on a unit selling price of $4.00 and fixed costs of $141,600. In 2022, the unit selling price and the unit variable costs did not change, but the break-even point increased to $442,000. (a) Compute the unit variable costs and the contribution margin ratio for 2021. (Round unit variable cost to 2 decimal places, e.g. 2.25 and contribution margin ratio to 0 decimal places, e.g. 20%.) Unit variable cost Contribution margin ratio eTextbook and Media Save for Later Using multiple attempts will impact your score. 5% score reduction after attempt 2 Attempts: 0 of 3 used Submit

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