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 $347,500. The variable cost per unit is $0.15. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $115 and has fixed cost of $475,000. Next year, Sooner expects to sell 10,000 units and make operating income of $195,000. 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 $27,240 with a contribution margin ratio of 0.3. Actual revenue was $227,000. 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 $77,000 and 28,000 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 1. At the break-even point, Jefferson Company sells 125,000 units and has fixed cost of $347,500. The variable cost per unit is $0.15. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $115 and has fixed cost of $475,000. Next year, Sooner expects to sell 10,000 units and make operating income of $195,000. 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 $27,240 with a contribution margin ratio of 0.3. Actual revenue was $227,000 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 $77,000 and 28,000 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