Super-Tees Company plans to sell 20,000 T-shirts at $25 each in the coming year. Product costs include: Direct materials per T-shirt $8.75 Direct labor per T-shirt $1.75 Variable overhead per T-shirt $0.75 Total fixed factory overhead $45,000 Variable selling expense is the redemption of a coupon, which averages $1.25 per T-shirt; fixed selling and administrative expenses total $18,000. Required: Question Content Area 1. Calculate the following values: Round dollar amounts to the nearest cent and round ratio values to three decimal places (express the ratio as a decimal rather than a percentage). a. Variable product cost per unit $fill in the blank 51ff5507e044fb2_1 11.25 b. Total variable cost per unit $fill in the blank 51ff5507e044fb2_2 12.50 c. Contribution margin per unit $fill in the blank 51ff5507e044fb2_3 12.50 d. Contribution margin ratio fill in the blank 51ff5507e044fb2_4 0.500 e. Total fixed expense for the year $fill in the blank 51ff5507e044fb2_5 63,000 Feedback Area Feedback Question Content Area 2. Prepare a contribution-margin-based income statement for Super-Tees Company for the coming year. If required, round your per unit answers to the nearest cent. Super-Tees Company Contribution-Margin-Based Operating Income Statement For the Coming Year Total Per Unit Sales $Sales 500,000 $Sales 25 Total variable expense Total variable expense 250,000 Total variable expense 12.50 Total contribution margin $Total contribution margin 250,000 $Total contribution margin 12.50 Total fixed expense Total fixed expense 63,000 Operating income $Operating income 187,000 Question Content Area 3. What if the per unit selling expense increased from $1.25 to $2.65? Calculate new values for the following: Round dollar amounts to the nearest cent and round ratio values to four decimal places (express the ratio as a decimal rather than a percentage): a. Variable product cost per unit $fill in the blank 66bf6f07f038048_1 b. Total variable cost per unit $fill in the blank 66bf6f07f038048_2 13.90 c. Contribution margin per unit $fill in the blank 66bf6f07f038048_3 11.10 d. Contribution margin ratio fill in the blank 66bf6f07f038048_4 0.4440 e. Total fixed expense for the year $fill in the blank 66bf6f07f038048_5