Question #1 FRANCORP produces XYZ products. The company's income statements for the last two years are given below: Required: a. Estimate the company's total variable cost per unit, and its total fixed costs per year. b. Compute the company's contribution margin for this year (a). Variable component of Cost of Goods Sold: Fixed cost of Cost of Goods Sold: Variable component of Operating Expenses: Fixed cost of Operating Expenses: Total variable cost per unit: Total fixed cost: b