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 85,000 units and has fixed cost of $347,700. The variable cost per unit is $0.20. What price does Jefferson charge per unit? Round to the nearest cent. 2. Sooner Industries charges a price of $83 and has fixed cost of $327,500. Next year, Sooner expects to sell 16,000 units and make operating income of $153,000. What is the variable cost per unit? What is the contribution margin ratio? 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 $23,400 with a contribution margin ratio of 0.25. Actual revenue was $234,000. Calculate the total fixed cost. Round your answer to the 5/23/2018