Suppose that Larimer Company sells a product for $19. Unit costs are as follows: $1.95 1.50 Direct materials Direct labor Variable factory overhead Variable selling and administrative expense 2.05 0.96 Total foed factory overhead is $51.658 per year, and total fixed selling and administrative expense is $38,630. Required: 1. Calculate the variable cost per unit and the contribution margin oer uit 2. Calculate the contribution margin rato and the variable cost ratio Total fored factory overhead is $51,658 per year, and total fixed selling and administrative expense is $38,630. 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 4. Prepare a contribution margin income statement at the break-even number of units Enteral amounts as positive numbers