Required information the fotlowing information applies to the questions disployed below] Burchard Company sold 37,000 units of lits only product for $16.40 per unit this year. Manufacturing and selling the product required $304,000 of fixed costs, its per unit variable costs follow. For the next year, management will use a new moterial, which will reduce direct materials costs to $2.10 per unit and reduce direct labor costs to $1.60 per unit Sales, total fixed costs, variable overhead costs per unit, and variable selling and administrative costs per unit will not chanoe. Management is also considerino raisinn its cellinn nrice to $19KR ner unit, which would decrease unit sales volume to 35,150 units. equired: Cornpute the contribution margin per unit from (a) using the new material and (b) using the new material and increasing the seling nen otef Round your answers to 2 decimal places