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please complete there is no number of units in the question Refer to the list below for the exact wording of text items within your
please complete
there is no number of units in the question
Refer to the list below for the exact wording of text items within your income statement. Amount Descriptions Operating income Operating loss Sales Total contribution margin Fixed cost Variable cost Suppose that Patron Company sells a product for $20. Unit costs are as follows Total fixed factory overhead is $56,590 per year, and total fixed selling and administrative expense is $38,610 Required: 1 Calculate the variable cost per unit and the contribution margin per unt 2 Calculate the contribution margin ratio and the variable cost ratio. 3. Calculate the break-even units: 4. Prepare a conthbution margin income statement at the break-even number of unts. Enter all amounts as positive numbers: ad amounts as postive numbers 1. Caiculate the variable cost per unit and the contribution margin per unit. Round your answers to two decimal places. 2. Calculate the contribution margin ratio and the vanable cost ratio. Contribution margin ratio % Variable cost ratio % 3 Calculate the break-even units Step by Step Solution
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