Problem 5-112 [LO 5-5]

Chilton, Inc. sold 12,200 units last year for $20 each. Variable costs per unit were $2.00 for direct materials, $3.40 for direct labor, and $3.60 for variable overhead. Fixed costs were $61,000 in manufacturing overhead and $40,400 in nonmanufacturing costs.

a.	What is the total contribution margin? (Round your intermediate calculations to 2 decimal places.)

b.	What is the unit contribution margin? (Round your answer to 2 decimal places.)

c.	What is the contribution margin ratio? (Round your intermediate calculations and final answer to 2 decimal places.)

d.	If sales increase by 2,020 units, by how much will profits increase? (Round your intermediate calculation to 2 decimal places and final answer to the nearest dollar amount.)