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Please help!!!! For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 105,000 units and
Please help!!!!
For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 105,000 units and has fixed cost of $352,900. The variable cost per unit is $0.40. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner industries charges a price of $111 and has fixed cost of $426,000. Next year, Sooner expects to sell 17,500 units and make operating income of $161,000. What is the variable cost per unit? What is the contribution margin ratio? Note: Round your variable cost per unit answer to the nearest cent. Enter the contribution margin ratio as a percentage, rounded to two decimal places. 3. Last year, lasper Company earned operating income of $29,280 with a contribution margin ratio of 0,3 . Actual revenue was $244,000. Caiculate the total fixed cost. Nate: Round your answer to the nearest dollac, if required. 4. Laramie Company has variable cost ratio of 0,40 . The fixed cost is $140,400 and 26,000 units are sold at break-even. What is the price? What is the variable cost per unit? The contribution margin per unit? Note : Do NOT round interim computations. Round answers to the nearest cent Step by Step Solution
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