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Required: 1. At the break-even point, Jefferson Company sells 85,000 units and has fixed cost of $349,900. The variable cost per unit is $0.20.
Required: 1. At the break-even point, Jefferson Company sells 85,000 units and has fixed cost of $349,900. The variable cost per unit is $0.20. What price does Jefferson charge per unit? Note: Round to the nearest cent. 4.27 X 2. Sooner Industries charges a price of $88 and has fixed cost of $382,000. Next year, Sooner expects to sell 19,000 units and make operating income of $170,000. 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 57.67 X 3. Last year, Jasper Company earned operating income of $17,600 with a contribution margin ratio of 0.2. Actual revenue was $220,000. Calculate the total fixed cost. Note: Round your answer to the nearest dollar, if required. 4. Laramie Company has variable cost ratio of 0.45. The fixed cost is $178,200 and 27,000 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
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