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Suppose that Larimer Company sells a product for $19. Unit costs are as follows: $2.05 1.20 Direct materials Direct labor Vanable factory overhead Variable selling

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Suppose that Larimer Company sells a product for $19. Unit costs are as follows: $2.05 1.20 Direct materials Direct labor Vanable factory overhead Variable selling and administrative expense 2.15 1.06 Total fixed factory overhead is $55,520 per year, and total fixed selling and administrative expense is $38,530 Required: 1 Calculate the variable cost per unit and the contribution margin per unit 2 Calculate the contribution margin ratio and the variable cost ratio 3. Calculate the break-even units

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