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TB Problem 5-126 (Algo) Chilton, Incorporated, sold... Chilton, Incorporated, sold 11,300 units last year for $20 each. Variable costs per unit were $3.00 for

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TB Problem 5-126 (Algo) Chilton, Incorporated, sold... Chilton, Incorporated, sold 11,300 units last year for $20 each. Variable costs per unit were $3.00 for direct materials, $1.60 for direct labor, and $3.80 for variable overhead. Fixed costs were $60,900 in manufacturing overhead and $41,700 In nonmanufacturing costs. Required: a. What is the total contribution margin? Note: Round your Intermediate calculations to 2 decimal places. b. What is the unit contribution margin? Note: Round your answer to 2 decimal places. c. What is the contribution margin ratio? Note: Round your Intermediate calculations and final answer to 2 decimal places. d. If sales increase by 2,170 units, by how much will profits Increase? Note: Round your Intermediate calculation to 2 decimal places and final answer to the nearest dollar amount. a. Total Contribution Margin b. Unit Contribution Margin c. Contribution Margin Ratio d. Profits Increase %

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