Required: 1. At the break-even point, Jefferson Company sells 125,000 units and has fixed cost of $354,500. The variable cost per unit is $0.35. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $90 and has fixed cost of $459,000. Next year, Sooner expects to sell 19, 100 units and make operating income of $183,000. 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 Contribution margin ratio 3. Last year, Jasper Company earned operating income of $14,160 with a contribution margin ratio of 0.15. Actual revenue was $236,000. 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 $ 201,600 and 24,000 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 Previous Next > Check My Work