eBook Calculator Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(s) required. Required: 1. At the break-even point, Jefferson Company sells 95,000 units and has fixed cost of $353,600. The variable cost per unit is $0.35. What price does Jefferson charge per unit? Note: Round to the nearest cent. 4.07 2. Sooner Industries charges a price of $92 and has fixed cost of $307,500. Next year, Sooner expects to sell 13,400 units and make operating income of $174,000. What is the variable cost per unit? What is the contribution margin ratio? Note: Round your variable cost per unit answer to the nearest cent. Enter the contribution margin ratio as a percentage, rounded to two decimal places Variable cost per unit Contribution margin ratio 9% 3. Last year, Jasper Company earned operating income of $27,000 with a contribution margin ratio of 0.3. Actual revenue was $225,000. Calculate the total fixed cost. Note: Round your answer to the nearest dollar, if required 4. Laramie Company has variable cost ratio of 0.45. The fixed cost is $63,250 and 23,000 units are sold at break-even. What is the price? What is the variable cost per unit? The contribution margin per unit? Note: Do NOT round interim computations. Round answers to the nearest cent. Price Variable cost per unit Contribution margin per unit Oak My Work 1. Price at Break-Even = (Fixed cost-Variable Cost) / Number of Units. Calculate total variable cost with the break-even units and the variable unit cost. or: Price at Break Even = Fixed Cost per Unit (same as contribution margin at break even) + Variable costs per Unit. 2. Variable Cost per Unit (Sales - Fixed Costs - Operating Income) / Number of Units