Required information The following information appllos to the questions displayed below] Burchard Company sold 26.000 units of its only product for $19.80 per unit this year. Manufacturing and selling the product required $232,000 of fixed costs. Its per unit variable costs follow. For the next year, management will use a new materlai, which will reduce direct materials cosis to 5.93 per unit and reduce direct iabor costs to $1.47 per unit. Sales, total fixed costs, varioble overhead costs per unit, and variable selling and administrative costs per unit will not change. Management is also considering raising its selling price to $25.74 per unit, which would decrease unit sales volume to 22.100 units. Required: 1. Compute the contribution margin per unit from (a) using the new material and (b) using the new material and increasing the selling price. Note: Round your answers to 2 decimal places