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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.

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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 105,000 units and has fixed cost of $352,400. The variable cost per unit is $0.25. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $96 and has fixed cost of $469,500. Next year, Sooner expects to sell 13,700 units and make operating income of $200,000. 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 g Contribution margin ratio % 3. Last year, Jasper Company earned operating income of $27,000 with a contribution margin ratio of 0.3. Actual revenue was $225,000. Calculate the total fixed cost. Note: Round your answer to the nearest dollar, if required. 4. Laramie Company has variable cost ratio of 0.30. The fixed cost is $140,000 and 20,000 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

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