Suppose that Larimer Company sells a product for $19. Unit costs are as follows: $2.05 1:20 Direct materials Direct labor Variable factory overhead Variable selling and administrative expense 2.15 1.06 Total fixed factory overhead is $55,520 per year, and total fixed soling 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 break units 4. Prepare a contribution margin income statement at the break-even number of units. Entor al amounts as posibve numbers. Check My Work 3 more Check My Work uses remaining Previous Next Suppos Calculations 1. Calculate the variable cost per unit and the contribution margin por unt. Round your answers to two decimal places Unit variable cost Unit contribution margin Totalt 2 Calculate the contribution margin ratio and the variable cost ratio, Contribution margin ratio Variable cost ratio 1 2. 3 4 3. Calculate the break-even units Check My Work more Check My Work uses remaining Contribution Margin Income Statement Larimer Company Contribution Martin Income Statement At Break-Even Number of Units