Question: Price, Valable cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed expense For each of the following independent situations, calculate the amounts) required. Required: 1.

 Price, Valable cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed

Price, Valable cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed expense For each of the following independent situations, calculate the amounts) required. Required: 1. At the break-even point, Jefferson Company sells 5,000 units and has fived cost of $340,100, The variabile cost per unit is 30.20. What price does Jefferson charpe per unit? Note Round to the nearest cent. 2. Sooner Industries charges a price of $107 and has fixed cost of $479,000. Next year, Sooner expects to sell 18,400 units and make operating income of $179,000. What is the variable cost per unit? What is the contribution margin ratio? Note: Hound your variable cost per unit answer to the nearest cont Enter the contribution margin ratio as a percentage, rounded to two decimal places Variable cost per unit Contribution margin ratio 3. Last year, Jasper Company earned operating income of $23,800 with a contribution margin ratio of 0.25. Actual revenue was $238,000. 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 $82,500 and 30,000 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

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