Entry Rules: For dollars, round your answer to the nearest whole number. Examples: If your answer is $24,500.47, enter 24500 If your answer is $24,500.51, enter 24501 If your answer is $24,500.00, enter 24500 Never enter $ or , when inputting numerical answers For percentages, round your answer to the nearest whole number. For example, 2 / 6 = 0.33333333 x 100% = 33.3333333....% You would enter your answer as 33 QUESTION: Jennifer, a Raptor fan, plans to make Tshirts for the basketball fans. Expected sales 300 units Selling price $40 per cap Direct material $9 per cap Direct labour $4 per cap Variable overhead $3 per cap Variable selling commission $2 per cap Fixed sell. & admin. expense $800 total Fixed factory overhead $1,000 total Using the above information answer the following questions. What is the total variable cost per unit? What is the total fixed costs? What is the contribution margin per unit? What is the contribution margin ratio? HINT: Remember the entry rules for percentages. What is the break-even number of T-shirts? What is the variable cost ratio? HINT: Remember the entry rules for percentages. What is the break-even in sales dollars? The company would like to