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:

At the break$-$even point, Jefferson Company sells $125,000$ units and has fixed cost of $$354,000.$ The variable cost per unit is $$0\mathrm{.}40.$ What price does Jefferson charge per unit? Note: Round to the nearest cent.

s

Sooner Industries charges a price of $$128$ and has fixed cost of $$326,000.$ Next year, Sooner expects to sell $11,500$ units and make operating income of $$198,000.$ 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 $ $$ per unit

Contribution margin ratio $\%$

$3.$ Last year, Jasper Company earned operating income of $$24,300$ with a contribution margin ratio of $0\mathrm{.}25.$ Actual revenue was $$243,000.$ Calculate the total fixed cost. Note: Round your answer to the nearest dollar, if required.

$$

$4.$ Laramie Company has variable cost ratio of $0\mathrm{.}40.$ The fixed cost is $$191,400$ and $29,000$ 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.

Price

Variable cost per unit

$$ $

$$

Contribution margin per unit $$