Pharoah Company produces a molded briefcase that is distributed to luggage stores. The following operating data for the current year has been accumulated for planning purposes. Sales price $41.17 Variable cost of goods sold 13.17 Variable selling expenses 11.77 Variable administrative expenses 4.17 Annual fixed expenses Overhead $14,040,000 Selling expenses 2,790,000 Administrative expenses 5,850,000 Pharoah can produce 2,700,000 cases a year. The projected net income for the coming year is expected to be $3,240,000. Pharoah is subject to a 40% income tax rate. During the planning sessions, Pharoahs managers have been reviewing costs and expenses. They estimate that the companys variable cost of goods sold will increase 15% in the coming year and that fixed administrative expenses will increase by $270,000. All other costs and expenses are expected to remain the same. Calculate contribution margin per unit for the coming year. (Round contribution margin per unit to 2 decimal places, e.g. 0.38.) Contribution margin per unit $ What amount of sales revenue will Pharoah need to achieve in the coming year to earn the projected net income of $3,240,000? (Use the rounded contribution margin per unit calculated in the previous part to compute Sales Revenue. Round answer to 0 decimal places, e.g. 25,000.) Sales revenue $ What price would Pharoah need to charge for the briefcase in the coming year to maintain the current years contribution margin ratio? (Round ratio to 0 decimal places, e.g. 25%. Round per unit answer to 2 decimal places, e.g. 0.38.) Price $