Instructions Suppose that Larimer Company sells a product for $19. Unit costs are as follows: $1.95 1.50 Direct materials Direct labor Variable factory overhead Variable selling and administrative expense 2.05 0.96 Total fixed factory overhead is $51,658 per year, and total fixed selling and administrative expense is $38,630. Required: 1. Calculate the variable cost per unit and the contribution margin per unit 2. Calculate the contribution margin ratio and the variable cost ratio. 3. Calculate the break-even units. 4. Prepare a contribution margin income statement at the break-even number of units. Enter all amounts as positive numbers. Shaded cells ha 1. Calculate the variable cost per unit and the contribution margin per unit. Round your answers to two decimal places. Unit variable cost Unit contribution margin $64,000.00 X $9,600.00 X Points: 0 Feedback Check My Work Sum all variable unit costs to obtain unit variable cost and subtract unit variable cost from price to obtain unit contribution marg Instructions Amount Descriptions Calculations Contribution Margin Income Statement Instructions Calculations Contribution Margin Income Statement She 4. Prepare a contribution margin income statement at the break-even number of units. Refer to the list of Amount Descriptions statement Enter all amounts as positive numbers Score: 44/51 Larimer Company Contribution Margin Income Statement At Break-Even Number of Units 1 Sales $136,800.00 2 Variable cost 46,512.00 3 Total contribution margin $90,288.00 Fixed cost Operating income $0.00 ck My Work 3 more Check My Work uses remaining. All work saved. MacBook Air QO0