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Question 4 of 5 O 208 = In 2021, lvanhoe Company had a break-even point of $385,000 based on a unit selling price of $5.00

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Question 4 of 5 O 208 = In 2021, lvanhoe Company had a break-even point of $385,000 based on a unit selling price of $5.00 and fixed costs of $161,700. In 2022, the unit selling price and the unit variable costs did not change, but the break-even point increased to $454,000. (a) Your answer s correct. Compute the unit variable costs and the contribution margin ratio for 2021. (Round unit variable cost to 2 decimal places, eg. 2.25 and contribution margin ratio to O decimal places, e.g. 20%.) Unit variable cost $ 2.90 Contribution margin ratio % eTextbook and Media Attempts: 1 of 3 used (b) ' X Your answer is incorrect. J [ Compute the increase in fixed costs for 2022. Increase in fixed cost [ =i = I ]

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