Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 125,000 units and has fixed cost of $351,400. The variable cost per unit is $0.35. What price does Jefferson charge per unit? Note: Round to the nearest cent 3.16 2. sooner Industries charges a price of96 and has fixed cost of $312,500 Next year, sooner expects to sell 13,200 units and make operating income of $193,000. 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. Variable cost per unit Contribution margin ratio 3. Last year, Jasper Company earned operating income of $28,920 with a contribution margin ratio of 0.3. Actual revenue was $241,00D. Calculate the total fixed cost. Note: Round your answer to the nearest dollar, if required. 4- Laramie Company has variable cost ratio of 0.65. The fixed cost is08.350 and 24,000 units are sold at break-even, what is the price? what is the variable cost per unit? The contribution margin per unit? Note: Round answers to the nearest cent. Price Variable cost per unit Contribution margin per unit Check My Wark . Price at Break-Even - (Fixed Cost Varlable Cost) / Number of Units. Calculate total varlable cost with the break-even units and the varlable unit cost. Price at Break-Even Fixed Cost per Unit (same as contribution margin at break-even) Variable Costs per Unit. 2. Variable Cost per Unit (Sales Fixed Costs Operating Income)/ Number of Units Contribution Margin Ratio - (Sales - Varlable Costs) Sales 3. Total Flxed Cost - Total Contributlon Margin Operating Income 4. Price at Break-Even -(Fixed Cost/ Contribution Margin Ratio)/Number of Units Variable Cost per Unit Price x Variable Cost Ratio Contribution Margin per Unit Price - Variable Cost per Unit Review the "How to Calculate the Break-Even Point in Units and the "How to Calculate the Varlable Cost Ratlo and the Contribution Margin Ratlo" examples in your text
