Question: Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(5) required. Required: 1.

Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense For each of the following independent situations, calculate the amount(5) required. Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has fixed cost of $352,400. The variable cost per unit is $0,30. What price does Jefferson charge per unit? Note: Round to the nearest cent. 5 2. Sooner Industries charges a price of $100 and has fixed cost of $357,500. Next year, Sooner expects to sell 12,500 units and make operating income of 5178,000 . 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. 3. Last year, Jasper Company earned operating income of $18,960 with a contribution mygin ratio of 0.2. Actual revenue was $237, 000. Calculate the total fixed cost. Note: Round your answer to the nearest dollar, if required. 4. Laramie Company has variable cost ratio of 0.40 . The foxed cost is $150,000 and 25,000 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. Required: 1. At the break-even point, Jefferson Company sells 135,000 units and has fixed cost of $352,400. The variable cost per unit is $0.30. What price does Jefferson charge per unit? Note: Round to the nearest cent. 2. Sooner Industries charges a price of $100 and has fixed cost of $357,500. Next year, Sooner expects to sell 12,500 units and make operating income of $178,000, 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 th contribution margin ratio as a percentage, rounded to two decimal places. 3. Last year, Jasper Company earned operating income of $18,960 with a contribution margin ratio of 0.2 . Actual revenue was $237,000. Caleulate the total fixec cost. Note: Round your answer to the nearest dollar, if required. 4. Laramie Company has variable cost ratio of 0,40 . The fixed cost is $150,000 and 25,000 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
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