Question: 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.

 Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed

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 125,000 units and has fixed cost of $351,400. The variable cost per unit is $0.35. What price does Jefferson charge per unit? Note: Round to the nearest cent 3.16 2. sooner Industries charges a price of96 and has fixed cost of $312,500 Next year, sooner expects to sell 13,200 units and make operating income of $193,000. 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 3. Last year, Jasper Company earned operating income of $28,920 with a contribution margin ratio of 0.3. Actual revenue was $241,00D. Calculate the total fixed cost. Note: Round your answer to the nearest dollar, if required. 4- Laramie Company has variable cost ratio of 0.65. The fixed cost is08.350 and 24,000 units are sold at break-even, what is the price? what is the variable cost per unit? The contribution margin per unit? Note: Round answers to the nearest cent. Price Variable cost per unit Contribution margin per unit Check My Wark . Price at Break-Even - (Fixed Cost Varlable Cost) / Number of Units. Calculate total varlable cost with the break-even units and the varlable unit cost. 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 Contribution Margin Ratio - (Sales - Varlable Costs) Sales 3. Total Flxed Cost - Total Contributlon Margin Operating Income 4. Price at Break-Even -(Fixed Cost/ Contribution Margin Ratio)/Number of Units Variable Cost per Unit Price x Variable Cost Ratio Contribution Margin per Unit Price - Variable Cost per Unit Review the "How to Calculate the Break-Even Point in Units and the "How to Calculate the Varlable Cost Ratlo and the Contribution Margin Ratlo" examples in your text

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

\f