Exercise 21-15 Computing variable and fixed costs LO C2

Cooper Company expects to sell 180,000 units of its product next year, which would generate total sales of $14,940,000. Management predicts that pretax net income for next year will be $1,230,000 and that the contribution margin per unit will be $27. Complete the below table to calculate the next years total expected variable costs and fixed costs.

COOPER COMPANY Forecasted Contribution Margin Income Statement Units$per unit 180,000 27 Contribution margin